§ 26-356. Adjustment of levy on public service corporations.

Latest version.

The levy upon real estate of public service corporations assessed by the State Corporation Commission, at other than its fair market value and remaining on an unequalized base (contra 100 percent of fair market value) as fixed in Section 26-355, shall be adjusted annually according to the assessment ratio as most recently determined and published by the State Department of Taxation in accordance with Code of Virginia, § 58.1-2604.

(Code 1993, § 27-72; Code 2004, § 98-122)

State Law reference— Similar provisions, Code of Virginia, § 58.1-3201.

(Code 1993, § 27-72; Code 2004, § 98-122)

State law reference

Similar provisions, Code of Virginia, § 58.1-3201.

                    
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