§235-32  Apportionment; property factor;average value.  The average value of property shall be determined byaveraging the values at the beginning and ending of the tax period but thedirector of taxation may require the averaging of monthly values during the taxperiod if reasonably required to reflect properly the average value of thetaxpayer's property. [L 1967, c 33, pt of §1; HRS §235-32]