26-6-303. Valuation of real and personal property.
(a) All real property shall be valued as set forth in the most recent National Association of Insurance Commissioners' accounting practices and procedures manual.
(i) Repealed by Laws 1994, ch. 76, § 3.
(ii) Repealed by Laws 1994, ch. 76, § 3.
(iii) Repealed by Laws 1994, ch. 76, § 3.
(iv) Repealed By Laws 2001, Ch. 9, § 2.
(v) Repealed By Laws 2001, Ch. 9, § 2.
(b) Repealed by Laws 1994, ch. 76, § 3.
(c) Personal property acquired pursuant to loans on the security of chattels made in accordance with W.S. 26-7-111 shall not be valued at an amount greater than the unpaid balance of principal on the defaulted loan at the date of acquisition together with taxes and expenses incurred in connection with the acquisition, or the fair value of the property, whichever is less.
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