15-7-112. Equalization of valuations. The method of appraisal and assessment provided for in 15-7-111 must be used in each county of the state so that comparable properties with similar full market values and subject to taxation in Montana have substantially equal taxable values in the tax year and, for class ten property, substantially equal taxable values at the end of each cyclical revaluation cycle.
History: En. 84-429.15 by Sec. 2, Ch. 294, L. 1975; R.C.M. 1947, 84-429.15; amd. Sec. 17, Ch. 361, L. 2015.
Structure Montana Code Annotated
15-7-101. Classification and appraisal -- duties of department of revenue
15-7-102. Notice of classification, market value, and taxable value to owners -- appeals
15-7-103. Classification and appraisal -- general and uniform methods
15-7-106. Courses of instruction, examination, and certification -- additional courses
15-7-107. Certification required
15-7-110. Purpose -- reappraisal cycle
15-7-111. Periodic reappraisal of certain taxable property
15-7-112. Equalization of valuations
15-7-115. through 15-7-120 reserved
15-7-123. through 15-7-130 reserved
15-7-135. through 15-7-137 reserved
15-7-138. Notice of classification and appraisal to single address for owners of undivided interest