27-35-12 - Banks; personal property of banks taxed.
§ 27-35-12. Banks; personal property of banks taxed.
The personal property of a bank or banking association shall be assessed and shall be liable for county, district and municipal ad valorem taxes, and every bank shall pay such ad valorem taxes at the time and in the manner provided by law.
Sources: Laws, 1978, ch. 410, § 6, eff from and after January 1, 1979.