KRS 91.680: Assessment of capital stock when no report filed.

If any company or individual fails to make the report required by KRS 91.640 on or

before October 1 of any year, the city assessor shall ascertain the facts and values as

required by KRS 91.640 in such manner and by such means as he deems proper, at the

cost of the company or individual failing to make the report, and shall fix the value of the

capital stock subject to city taxation, and the company or individual shall be taxed

accordingly.