Statutes > Arkansas Statutes > Title 26 - Taxation > Subtitle 3 - Administration Of Local Taxes > Chapter 26 - Assessment Of Taxes > Subchapter 12 - Valuation of Property > § 26-26-1204 - Accounts and notes included in merchant's valuation.

§ 26-26-1204 - Accounts and notes included in merchant's valuation.

26-26-1204. Accounts and notes included in merchant's valuation.

Each merchant in giving a list of value of personal property as provided in 26-26-1203 shall include in the valuation all good balances of accounts on his books and all notes at their true value in money, and the list shall be rendered under oath as prescribed in cases of personal property.