§ 159D-14. Tax exemption. - North Carolina Statutes

§ 159D‑14.  Tax exemption.

The agency is not required to pay any taxes on any project or on anyother property owned by the agency under the provisions of this Article or uponthe income from the property.

The interest on bonds issued by the agency is exempt from all incometaxes within the State.

All projects and all transactions for them are subject to taxation tothe extent they would be subject to taxation if no public body were involvedwith them. (1977, 2nd Sess.,c. 1198, s. 1; 2000‑179, s. 2.)