42-12010. Purpose of classification of
property


A. The classes of property are established by this article for the common treatment
of the property in each class for purposes of the assignment of a common assessment
percentage under chapter 15, article 1 of this title and other purposes prescribed by
statute, but the statutory classes under this article are not considered to constitute
classes of property for purposes of article IX, section 1, Constitution of Arizona.


B. The valuation of properties in individual subclasses established by this article
shall be determined in the distinct manner prescribed by law for each subclass in
compliance with article IX, section 1, Constitution of Arizona.