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N.Y. Real Prop. Tax Law § 489-i

Earnings ratio

2014-09-22

§ 489-i. Earnings ratio. The commissioner shall determine the earnings\nratio for each railroad company by ascertaining the ratio of its average\nrailway earnings to its system reproduction cost, computed to the\nnearest hundredth of one per cent.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.