§ 165-33. Tax exemptions. - North Carolina Statutes

§ 165‑33.  Taxexemptions.

The authority shall be exempt from the payment of any taxes or fees tothe State or any subdivisions thereof, or to any officer or employee of theState or any subdivision thereof. The property of an authority shall be exemptfrom all local, municipal and county taxes, and for the purpose of such taxexemption, it is hereby declared as a matter of legislative determination thatan authority is and shall be deemed to be a municipal corporation. (1945, c. 460, s. 11.)