Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter63A. North Carolina Global TransPark Authority. |
§63A-5. Taxation of property of Authority
Latest version.
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Property owned by the Authority is exempt from taxation in accordance with Article V, § 2 of the North Carolina Constitution. Property that is part of or is located on a cargo airport complex site and is not owned by the Authority, including property that is part of a special user project, is not exempt from tax due to its location.
(1991, c. 749, s. 1.)