67-5-1202 - Place of assessment. - Tennessee Statutes

67-5-1202. Place of assessment.

The corporate property and capital stock referred to in § 67-5-1201 shall be assessed at the following places:

     (1)  The real property and tangible personal property shall be assessed and taxed where situated; and

     (2)  The balance of such corporate property and capital stock shall be assessed and taxed in the county or civil district in which the principal office of such company is maintained.

[Acts 1968, ch. 431, § 2; T.C.A., § 67-730.]