Arizona Statutes
§ 42-12005 — Class five property
For purposes of taxation, class five is established consisting of:
1.Real and personal property of railroad companies used in the continuous operation of railroads that are valued at full cash value under chapter 14, article 8 of this title.
2.Real and personal property used in the operation of private car companies that are valued at full cash value under chapter 14, article 7 of this title.
3.Flight property that is valued at full cash value under chapter 14, article 6 of this title.
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