ARM 42.21.161. PERSONAL PROPERTY TAXABLE SITUS

(1) The taxable situs for personal property shall be the levy district in which it is located on January 1 of the year of assessment. (a) If taxable personal property is moved from one county to another and the county in which it is located on January 1 fails to assess the property, the county to which the property moves may assess the property for the entire year. (2) If property enters the state after January 1, the taxable situs of the property shall be the levy district wherein the property comes to rest and becomes a part of the general property of the levy district. (a) If the property is required to be immediately licensed, the taxable situs shall be the levy district wherein licensure is required.