Tennessee § 67-5-1207 - Minimum assessment.
Full text of Tennessee Tennessee Code Annotated § 67-5-1207 — Minimum assessment., with citation guidance and answers to common questions.
§ 67-5-1207. Minimum assessment.
In no event shall the assessment of the balance of the corporate property and capital stock of any company under § 67-5-1203(b) , in any year up to and including the year 1980, be less than the assessment of the shares of stock of such company for the year 1967, under this part, or, in the case of a corporation which is the continuing corporation resulting from a merger or consolidation, less than the aggregate assessment of the shares of stock of all its predecessor corporations for the year 1967, under this part. Acts 1968, ch. 431, § 7; T.C.A., § 67-735.
Frequently Asked Questions About Tennessee § 67-5-1207
What does Tennessee Code Annotated § 67-5-1207 cover?
Section 67-5-1207 ("Minimum assessment.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 67-5-1207?
A common citation format is "Tennessee Code Annotated § 67-5-1207" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 67-5-1207 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.