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New Jersey Statutes, Title: 54, TAXATION
Chapter 4: Property subject to taxation.
Section: 54:4-2.44: Standard of value; assessment
The standard of value according to which tangible personal property used in business subject to taxation shall be assessed shall be the true value thereof. Such assessment shall be expressed in terms of the taxable value of the property.
L.1966, c. 138, s. 2, eff. June 17, 1966.
This section added to the Rutgers Database: 2012-09-26 13:37:56.
Older versions of 54:4-2.44 (if available):
Court decisions that cite this statute:
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