1. (1) At least ten calendar days before the local board of equalization commences its annual session, the assessor shall notify the taxpayer of any change in the assessment or TANGIBLE PERSONAL PROPERTY classification of the taxpayer’s personal property. Such notification of personal property assessment shall he sent to the taxpayer in the manner prescribed by law when:

   1. (a) An assessment is made on a new business;
   2. (b) A change is made in an assessment;
   3. (c) A forced or adjusted assessment is made.
2. (2) A record of such notification shall be retained by the assessor for a period of not less than two years.

Authority: T.C.A. § 67-5-902. Administrative History: Original rule filed August 29, 1988; effective October 13, 1988.