11-32-7
Section 11-32-7 Powers of authority. (a) The authority shall exercise powers and duties
necessary to the discharge of its powers and duties in corporate form as follows: (1) Have
succession by its corporate name in perpetuity subject to Section 11-32-20. (2) Sue
and be sued in its own name in civil suits and actions and defend suits against it. (3) Adopt
and make use of a corporate seal and alter the same at its pleasure. (4) Adopt and alter bylaws
for the regulation and conduct of its affairs and business. (5) Acquire, receive, take, by
purchase, gift, lease, devise, or otherwise, and hold property of every description, real,
personal, or mixed, whether located in one or more counties or municipalities and whether
located within or outside the authorizing county. (6) Make, enter into, and execute contracts,
agreements, leases, and other instruments and take other actions as may be necessary or convenient
to accomplish any purpose for which the authority was organized, or exercise any...
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41-18-1
Section 41-18-1 Text. Article I. Findings and Purposes. (a) The party states find that
the South has a sense of community based on common social, cultural and economic needs and
fostered by a regional tradition. There are vast potentialities for mutual improvement of
each state in the region by cooperative planning for the development, conservation and efficient
utilization of human and natural resources in a geographic area large enough to afford a high
degree of flexibility in identifying and taking maximum advantage of opportunities for healthy
and beneficial growth. The independence of each state and the special needs of subregions
are recognized and are to be safeguarded. Accordingly, the cooperation resulting from this
agreement is intended to assist the states in meeting their own problems by enhancing their
abilities to recognize and analyze regional opportunities and take account of regional influences
in planning and implementing their public policies. (b) The purposes of...
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37-4-19
Section 37-4-19 Valuation of utility property - Hearing upon protest; corrections; final
order. If notice of protest is filed, the commission shall fix a time for hearing the same
and shall proceed as promptly as possible to hear and consider any matter relative and material
thereto which may be presented in support of any such protest so filed. If, after hearing
any such protest, the commission shall be of the opinion that its valuation should not be
made final, it shall make such changes as may be necessary to do justice, and shall issue
an order making such valuation as corrected final as of the date thereof, which order shall
be a final order of the commission. If, after hearing any such protest, the commission shall
be of the opinion that its valuation should be made final, it shall issue an order making
such valuation final as of the date thereof, which order shall likewise be a final order of
the commission. Any such final order and the commission's report of valuation upon...
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40-3-20
Section 40-3-20 Publication of notice of valuation of property. Immediately upon the
completion of the work of reviewing and adjusting assessed valuation under the provisions
of this chapter, the assessing official shall give notice by publication once a week for two
consecutive weeks in a newspaper published in the county. If no newspaper is published in
the county, the notices shall be posted in three public places in each precinct of the county.
The notices shall state that the assessed valuations of all property listed for taxation have
been fixed as provided by law, that the tax return lists showing the assessed valuations are
in his or her office and open for public inspection, that the board of equalization will sit
at the courthouse of the county on the date specified by the Department of Revenue to consider
any protests that may be filed by any taxpayer as herein provided, and that any taxpayer,
who is not satisfied with the valuations of his or her property as fixed and...
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18-1A-196
Section 18-1A-196 Basis for opinion as to value. As a basis for an opinion as to value,
a valuation witness qualified under subsection (a) of Section 18-1A-192 may consider,
inter alia: (1) The price and other circumstances of any good faith sale of all or part of
the property sought to be taken, whether the sale was entered into before or after the valuation
date. (2) The price and other terms and circumstances of any good faith sale of comparable
property. A sale is comparable within the meaning of this section only if it was made
within a reasonable time before or after the valuation date and the property is sufficiently
similar in the relevant market, with respect to situation, location, size, usability, improvements,
and other characteristics, to warrant a reasonable belief that it is comparable to the property
being valued. Any proposed comparable sale that fails to meet the foregoing standards shall
not be admissible. (3) The terms and circumstances of any lease made in good...
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18-1A-22
Section 18-1A-22 Offer to purchase at full appraised value; amount of compensation;
written statement and summary; waiver valuation. (a)(1) Before commencing a condemnation action,
the condemnor shall establish an amount based on an appraisal, except as otherwise provided
in subsection (e), which it believes to be just compensation therefor and promptly shall submit
to the owner an offer to acquire the property for the full amount so established. (2) The
amount may not be less than the condemnor's established amount of just compensation for the
property. (b) In a total taking, the condemnor shall disregard any decrease or increase in
the fair market value of the property caused by the project for which the property is to be
acquired or by the reasonable likelihood that the property will be acquired for that project,
other than normal depreciation. (c)(1) The amount of compensation to which the owners and
other parties interested therein are entitled may not be reduced or diminished...
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37-4-20
Section 37-4-20 Valuation of utility property - Revaluation. (a) If the valuation of
the property of any utility has become final as provided in this article, or if such valuation
becomes final as provided in Section 37-4-18, the commission may, within 90 days after
any valuation hereafter made becomes final, proceed for reasons which it shall deem sufficient
to make a revaluation of the property of such utility of which a valuation has been made or
may be made under the provisions of this chapter, such revaluation being had upon the principles
declared in this chapter; and the commission may to this end make such further investigation
as provided in this chapter as it may see fit. The commission shall give notice to any utility
of its intention to proceed to a revaluation of the property of such utility. (b) Whenever
the commission shall have completed its revaluation, it shall make a report thereof, and before
such revaluation shall become final, the commission shall give notice to...
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40-7-27
Section 40-7-27 Assessor to certify correctness of returns, notify Department of Revenue
and deliver to board of equalization. When the assessor shall have completed his work of assessing,
valuing, and equalizing property which has been listed for taxation in his county, and such
valuation shall have been entered on the assessments lists, which shall not be later than
the last Monday in February of each year, he shall certify over his signature to the correctness
of his returns, showing valuations fixed by him, and he shall at once notify the Department
of Revenue by certified or registered mail that he has completed his assessment, valuation,
and equalization work and that the tax returns are ready for the review and inspection as
provided for in this title. Such lists of property shall be by the assessor delivered to the
board of equalization not later than the second Monday in March. (Acts 1935, No. 194, p. 256;
Code 1940, T. 51, §57.)...
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18-4-14
Section 18-4-14 Procedure for acquiring real property. Whenever real property is acquired
by a state agency in connection with any programs or projects, the acquisition shall be conducted,
to the greatest extent practicable, in accordance with the following: (1) An agency shall
make every reasonable effort to acquire, expeditiously, real property by negotiation. (2)
Real property shall be appraised before the initiation of negotiations, and the owner or his
or her designated representative shall be given an opportunity to accompany the appraiser
during his or her inspection of the property. (3) Before the initiation of negotiations for
real property, the state agency concerned shall establish an amount which it believes to be
just compensation for the property and shall make a prompt offer to acquire the property for
the full amount established. In no event shall the amount be less than the approved appraisal
of the fair market value of the property by the agency. Any decrease or...
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35-6A-6
Section 35-6A-6 Determination of value of property; appraisal; notice and hearing. (a)
Except as otherwise provided in subsection (b) and subsection (c), if the court determines
that the property that is the subject of a partition action is heirs property, the court shall
determine the fair market value of the property by ordering an appraisal pursuant to subsection
(d). (b) If all cotenants have agreed to the value of the property or to another method of
valuation, the court shall adopt that value or the value produced by the agreed method of
valuation. (c) If the court determines that the evidentiary value of an appraisal is outweighed
by the cost of the appraisal, the court, after an evidentiary hearing, shall determine the
fair market value of the property and send notice to the parties of the value. (d) If the
court orders an appraisal, the court shall appoint a disinterested real estate appraiser licensed
in this state to determine the fair market value of the property assuming...
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