433.6  Taxable value.
  The taxable value shall be determined by taking the percentage of the actual value so ascertained, as provided by section 441.21, and the ratio between the actual value and the assessed or taxable value of the property of each of said companies shall be the same as in the case of property of private individuals.
[S13, §1330-a; C24, 27, 31, 35, 39, §7036; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §433.6]