§ 57-07-01 — Duty of tax commissioner upon omission or false statement in assessment

Whenever after the final adjournment of the state board of equalization the tax
commissioner discovers that any taxable property which is subject to assessment by the board
has been omitted in whole or in part in the assessment of any year or years, not exceeding six
years, or that any company having property subject to assessment by the board has:
1. Filed with the tax commissioner or board a false statement as to such property;
2. Omitted from any such statement property subject to taxation; or
3. Neglected or refused to file such statement,
the tax commissioner thereupon shall assess such omitted property at its just and true value for
each year in which such property was omitted or escaped taxation, not exceeding six years.