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KRS 91.650

Notice of assessment -- Application for change of valuation

Effective: October 1, 1942 History: Recodified 1942 Ky

The city assessor, immediately after fixing the value of the capital stock of any company or individual under KRS 91.640, shall notify the company or individual of that fact. The company or individual shall have at least ten (10) days from the time of receiving the notice to go before the board of equalization of the city and ask for a change of the valuation, and may introduce evidence. The chairman of the board of equalization may summon and swear witnesses. After hearing the evidence the board may change the valuation as it deems proper, and its action shall be final.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.