FIRST INTERSTATE BANK v. DEPT. OF REVENUE

No. TX 93-00826.

178 Ariz. 242 (1994)

871 P.2d 1178

FIRST INTERSTATE BANK OF ARIZONA v. STATE of Arizona DEPARTMENT OF REVENUE, et al.

Tax Court of Arizona.

March 18, 1994.


Attorney(s) appearing for the Case

John F. Munger, Tucson, for plaintiff.

Pima County Atty. by Peter E. Pearman, Tucson, for defendant Pima County.

Attorney Gen. by Michael F. Kempner, Phoenix, for defendant State.


OPINION

SCHAFER, Judge.

First Interstate Bank of Arizona is licensed to do banking business in Arizona and it has over 40 branch offices in this state. For tax year 1992, the Pima County Assessor taxed all of the bank's personal property as unsecured property. The bank paid the tax but protested, claiming that the property should have been taxed as secured property and because it was not, the bank should get back...

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