Ark. Code Ann. § 26-26-1902: Reappraisal

(a) Except as provided in subsection (b) of this section, each county shall appraise all market value real estate normally assessed by the county assessor at its full and fair market value every four (4) years.

(b) In order to reach a substantially equal number of counties undergoing reappraisal each year, the Director of the Assessment Coordination Division may grant an exception to the requirements under subsection (a) of this section to allow a county to temporarily remain on a reappraisal cycle of three (3) or five (5) years.

(c) [Repealed.]