42-14404. Apportionment of valuation A. On or before November 30 of each year, the department shall: 1. Apportion the valuation among the several counties, cities, towns and special taxing districts through which the company's lines run. 2. Transmit a statement of the company's locations, descriptions and valuations to the respective county assessors. B. The counties, municipalities and districts shall tax the company as railroad companies are taxed under article 8 of this chapter.
Arizona Legal Code
§ 42.14404
Source: https://www.azleg.gov/ars/42/14404.htm· Version 2026