Ind. Admin. Code tit. 50, r. 4.2-7-2
Authority: IC 6-1.1-31-1
Affected: IC 6-1.1-3
Sec. 2. The department may prescribe and publish the useful life of assets if it determines that a uniform life should be required for all taxpayers in order to obtain equalization of assessments as provided in 50 IAC 4.2-4-5 and 50 IAC 4.2-4-6.
(Department of Local Government Finance; 50 IAC 4.2-7-2; filed Dec 7, 1988, 9:35 a.m.: 12 IR 860, eff Mar 1, 1989; reinstated by IC 6-1.1-3-22, eff Jul 1, 2003; filed Feb 26, 2010, 2:43 p.m.: 20100324-IR-050090576FRA; readopted filed Oct 21, 2025, 9:19 a.m.: 20251112-IR-050240632RFA)