Washington § 84.12.310 - Deduction of nonoperating property.

Full text of Washington Revised Code of Washington § 84.12.310 — Deduction of nonoperating property., with citation guidance and answers to common questions.

§ 84.12.310. Deduction of nonoperating property.

For the purpose of determining the system value of the operating property of any such company, the department of revenue shall deduct from the true and fair value of the total assets of such company, the actual cash value of all nonoperating property owned by such company. For such purpose the department of revenue may require of the assessors of the various counties within this state a detailed list of such company's properties assessed by them, together with the assessable or assessed value thereof: PROVIDED, That such assessed or assessable value shall be advisory only and not conclusive on the department of revenue as to the value thereof.
[ 2001 c 187 s 5; 1997 c 3 s 115 (Referendum Bill No. 47, approved November 4, 1997); 1994 c 301 s 21; 1975 1st ex.s. c 278 s 167; 1961 c 15 s 84.12.310. Prior: 1935 c 123 s 10; RRS s 11156-10. Formerly RCW 84.12.070.]

Notes

Contingent effective date—2001 c 187: See note following RCW 84.70.010.
Application—2001 c 187: See note following RCW 84.40.020.
Application—Severability—Part headings not law—Referral to electorate—1997 c 3: See notes following RCW 84.40.030.
Construction—Severability—1975 1st ex.s. c 278: See notes following RCW 11.08.160.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 84.12.310

What does Revised Code of Washington § 84.12.310 cover?

Section 84.12.310 ("Deduction of nonoperating property.") is part of the Revised Code of Washington, the codified statutory law of Washington. 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 Washington § 84.12.310?

A common citation format is "Revised Code of Washington § 84.12.310" (Washington). 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 Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 84.12.310 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington 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 Washington.