Arizona Revised Statutes Title 42 — Taxation
A.R.S. § 42-15008 — Assessed valuation of class eight property
42-15008 . Assessed valuation of class eight property The assessed valuation of class eight property described in section 42-12008 is the percentage of value prescribed for class four property by section 42-15004, except that modifications intended to restore and rehabilitate the historic property as approved by the state historic preservation officer under section 42-12103 shall be assessed at one per cent for up to ten years.
Source: official text