32 V.S.A. § 8282 — Road operating within and outside the State

When a person or corporation operates a line of railroad located partly within and
partly outside this State, except as otherwise provided, the Director shall appraise
at its fair and just value all property within this State acquired, constructed, or
used in this State for railroad business or purposes held, possessed, or owned by
the person or corporation operating the line of railroad. In making the appraisal,
the Director may take into consideration the value of the entire railroad system operated
by the person or corporation; the mileage both within and outside this State; its
engines, cars, and other equipment; and other information, facts, and circumstances
as will aid the Director. (Amended 1977, No. 105, § 14(a); 2021, No. 105 (Adj. Sess.), § 570, eff. July 1, 2022.)