Section 7-36-2.1 - Classification of propertyA. Property subject to valuation for property taxation purposes shall be classified as either residential property or nonresidential property. B. The department by regulation, ruling, order or other directive shall provide for the implementation of a classification system and shall include a method for apportioning the value of multiple-use properties between residential and nonresidential components. 1978 Comp., § 7-36-2.1, enacted by Laws 1981, ch. 37, § 63; 1995, ch. 12, § 7.