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A.R.S. § 48-261.01

Assessed valuations; department of revenue; county assessor

For the purposes of this article, the following apply:

1. For property that is assessed by the department of revenue, the assessed value is the full cash value as otherwise provided by law.

2. For property that is assessed by the county assessor, the assessed value is the limited property value unless otherwise provided by law for that property.

Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.