Current through 2024 Act No. 225.
Section 20-3-640 - Declining values of contributionsIn determining the value of contributions prior to making an equitable apportionment, the court:
(1) shall make findings of fact from credible evidence of the values of property and services, if any;(2) is empowered to take judicial notice of official reports of the federal and state governments, including official bulletins, publications, and reports of general public interest where these reports are made and published by authority of law or have been adopted by state statute;(3) has the authority to appoint experts as necessary for the purpose of valuation of property and contributions and to assess the cost against any or all parties to the action.2008 Act No. 361, Section 3, eff 6/16/2008. Prior laws. 1986 Act No. 522 Section 1; 1976 Code Section 20-7-474.