§ 158-20. Authorized tax rate. - North Carolina Statutes

§ 158‑20. Authorized tax rate.

If a majority of those voting in such election favor the levying ofsuch a tax, the board of commissioners of said county are authorized to levy aspecial tax at a rate not to exceed five cents (5¢) on each one hundred dollars($100.00) of assessed value of real and personal property taxable in saidcounty, and the General Assembly does hereby give its special approval for thelevy of such special tax. (1959, c. 212, s. 1.)