KRS 91.330: Correction of taxpayer's list by assessor -- Review.

If the assessor concludes that in any list filed under KRS 91.320 the taxpayer has omitted

to list any of his taxable property or has valued any property too low, he may assess the

property omitted or raise the valuation of the property valued too low, and shall

immediately notify the owner or holder by mail as to the action taken. The owner or

holder, within fifteen (15) days after the notice is mailed to him, may file in the office of

the assessor a complaint either that the omitted property is not subjec t to taxation or that

the increased valuation is too high, and if such a complaint is filed in time the assessment

shall not become binding and no tax bill shall be issued thereon until the assessment has

been passed upon by the board of equalization.