§ 105-334. Duty to file report; penalty for failure to file. - North Carolina Statutes

§105‑334.  Duty to file report; penalty for failure to file.

(a)        Every publicservice company, whether incorporated under the laws of this State or any otherstate or any foreign nation, whose property is subject to taxation in thisState, shall prepare and deliver to the Department of Revenue each year areport showing (as of January 1) such information with regard to the propertyit owns and the system property it leases as the Department of Revenue may byregulation prescribe.  This report shall be filed on or before the last day ofMarch, and the following affirmation, which shall be annexed to the report,shall be signed by a principal officer of the public service company making thereport:

Under penalties prescribed bylaw, I hereby affirm that to the best of my knowledge and belief this report,including any accompanying statements, inventories, schedules, and otherinformation is true and complete.

(b)        Any individual whowillfully subscribes a report required by this section which he does not believeto be true and correct as to every material matter shall be guilty of a Class 2misdemeanor.

(c)        For good cause theDepartment may grant reasonable extensions of time for filing the requiredreports.

(d)        The Department mayrequire any additional reports or information it deems necessary to properlycarry out its duties under this Article.

(e)        The provisions ofG.S. 105‑291 and 105‑312 are made specifically applicable to allproceedings taken under this Article. (1939, c. 310, ss. 1600‑1606;1943, c. 634, s. 3; 1965, c. 287, s. 17; 1971, c. 806, s. 1; 1973, c. 476, s.193; 1993, c. 539, s. 721; 1994, Ex. Sess., c. 24, s. 14(c).)