{"data":{"id":"us-ar/ark.-code-ann.-26-26-1201","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 26-26-1201","heading":"Date of valuation","body":"All property in this state shall be assessed by the authorized authorities according to its value on January 1. However, stocks of merchants and manufacturers shall be assessed at the value of the average stock in possession or under control during the year immediately preceding January 1 of the year in which assessment is required.","path":["AR Code","Title 26","Chapter 26","Subchapter 12"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"15ac9c6da670fd8e2bcf9015ecf38cf195a9607cc14d6ff1974a1a65c578af2a","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-26-26-1125","next":"us-ar/ark.-code-ann.-26-26-1202"},"notice":"GroundRules: Original legal text. Not legal advice."}