Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Article 27 - ANNUAL ADJUSTMENTS AND EQUALIZATION STANDARDS
Rule 2 - Definitions
Section 2-12 - "Stratification" defined

Universal Citation: 50 IN Admin Code 2-12
Current through September 18, 2024

Authority: IC 6-1.1-4-4.5; IC 6-1.1-31-1; IC 6-1.1-31-12

Affected: IC 6-1.1-4-4.5

Sec. 12.

"Stratification" means the process where all properties in a county are divided into groups of similar properties by criterion such as type, location, age, or class.

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