If under this chapter any omitted or undervalued tangible property is assessed or its assessed valuation is increased, the board or official who makes the adjustment shall file with the county auditor a written statement which contains:(1) the reasons why the action was taken; and(2) the facts or evidence on which the reasons are based.[Pre-1975 Property Tax Recodification Citation: 6-1-30-1 part.]Formerly: Acts 1975, P.L.47, SEC.1.
Indiana Legal Code