15.2-535 - Department of assessments. - Virginia Statutes

§ 15.2-535. Department of assessments.

The department of assessments, if and when established, shall be headed by acommissioner of the revenue or a supervisor of assessments, who shallexercise the powers conferred and perform the duties imposed by § 15.2-521upon the director of finance.

In addition to the powers and duties hereinabove conferred, the governingbody of any county which has provided for a department of assessments headedby a supervisor of assessments may, in lieu of the method now prescribed bylaw, provide for the annual assessment and equalization of assessments ofreal estate by such department. All real estate shall thereafter be assessedas of January 1 of each year. The provisions of this section shall not,however, apply to any real estate assessable under the law by the StateCorporation Commission.

(Code 1950, § 15-295; 1952, c. 500; 1962, c. 623, § 15.1-612; 1997, c. 587.)