§ 63A-5. Taxation of property of Authority. - North Carolina Statutes

§63A‑5.  Taxation of property of Authority.

Property owned by theAuthority is exempt from taxation in accordance with Article V, § 2 of theNorth Carolina Constitution.  Property that is part of or is located on a cargoairport complex site and is not owned by the Authority, including property thatis part of a special user project, is not exempt from tax due to its location. (1991, c. 749, s. 1.)