§ 105-339. Certification of appraised valuations of nonsystem property and locally assigned rolling stock. - North Carolina Statutes

§105‑339.  Certification of appraised valuations of nonsystem property andlocally assigned rolling stock.

Having determined theappraised valuations of the nonsystem properties of public service companies inaccordance with subdivisions (b)(2) and (b)(3) of G.S. 105‑335 and theappraised valuations of locally assigned rolling stock in accordance withsubdivision (c)(1) of G.S. 105‑335, the Department of Revenue shallassign those appraised valuations to the taxing units in which such propertiesare situated by certifying the valuations to the appropriate counties andmunicipalities. Each local taxing unit receiving such certified valuationsshall assess them at the figures certified and shall tax the assessedvaluations at the rate of tax levied against other property subject to taxationtherein. (1939, c. 310, s. 1610; 1971, c. 806, s. 1; 1973, c.476, s. 193; c. 695, s. 18.)