North Carolina General Statutes
Article 1 - The University of North Carolina.
§ 116-16 - Tax exemption.

116-16. Tax exemption.
The lands and other property belonging to the University of North Carolina shall be exempt from all kinds of public taxation. (Const., art. 5, s. 5; 1789, c. 306, s. 3; P.R.; R.S., vol. 2, p. 428; Code, s. 2614; Rev., s. 4262; C.S., s. 5783; 1971, c. 1244, s. 2.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 116 - Higher Education

Article 1 - The University of North Carolina.

§ 116-1 - Purpose.

§ 116-2 - Definitions.

§ 116-3 - Incorporation and corporate powers.

§ 116-3.3 - Mediation matters.

§ 116-4 - Constituent institutions of the University of North Carolina.

§ 116-5 - Initial membership of Board of Governors.

§ 116-6 - Election and terms of members of Board of Governors.

§ 116-6.1 - Student member of the Board of Governors.

§ 116-7 - General provisions concerning members of the Board of Governors.

§ 116-8 - Chairman, vice-chairman and secretary.

§ 116-9 - Meetings of Board of Governors.

§ 116-10 - Committees.

§ 116-11 - Powers and duties generally.

§ 116-11.1 - Transferred to G.S116-37 by Session Laws 1971, c1244, s6.

§ 116-11.2 - Duties regarding programs in education administration.

§ 116-11.3 - UNC admissions policy for early college graduates.

§ 116-12 - Property and obligations.

§ 116-13 - Powers of Board regarding property and services subject to general law.

§ 116-13.1 - Capital facilities; reports.

§ 116-13.2 - Report on University Fiscal Liabilities.

§ 116-14 - President and staff.

§ 116-15 - Licensing of certain nonpublic post-secondary educational institutions.

§ 116-16 - Tax exemption.

§ 116-17 - Purchase of annuity or retirement income contracts for faculty members, officers and employees.

§ 116-17.1 - Dependent care assistance program.

§ 116-17.2 - Flexible Compensation Plan.

§ 116-18 - Information Center established.

§ 116-22.1 through 116-25 - Transferred to §§ 116A-3 to 116A-7 by Session Laws 1971, c1135, s2.

§ 116-26 - Transferred to § 116-43 by Session Laws 1971, c1244, s17.

§ 116-29.1 - University Cancer Research Fund[Effective July 1, 2022]

§ 116-30 - Transferred to § 116-40 by Session Laws 1971, c1244, s9.

§ 116-30.01 - Recodified as G.S115C-296.4 by Session Laws 2006-66, s9.17(c), effective January 1, 2007.

§ 116-30.1 - Special responsibility constituent institutions.

§ 116-30.2 - Appropriations to special responsibility constituent institutions.

§ 116-30.3 - Reversions.

§ 116-30.3A - Availability of excess receipts.

§ 116-30.3B - Energy conservation savings.

§ 116-30.4 - Position management.

§ 116-30.5 - Impact on education.

§ 116-30.8 - Special responsibility constituent institutionsannual audit by State Auditor.

§ 116-30.20 - Establishment of private, nonprofit corporations.

§ 116-31 - Membership of the boards of trustees.

§ 116-31.10 - Powers of Board regarding certain purchasing contracts.

§ 116-31.11 - Powers of Board regarding certain fee negotiations, contracts, and capital improvements.

§ 116-31.12 - Acquisition and disposition of real property by lease.

§ 116-32 - Officers and meetings of the boards of trustees.

§ 116-33 - Powers and duties of the boards of trustees.

§ 116-33.1 - Board of trustees to permit recruiter access.

§ 116-33.2 - Cooperative Extension Service employees.

§ 116-34 - Duties of chancellor of institution.

§ 116-35 - Electric power plants, campus school, etc.

§ 116-36 - Endowment fund.

§ 116-36.1 - Regulation of institutional trust funds.

§ 116-36.2 - Regulation of special funds of individual institutions.

§ 116-36.4 - Vending facilities.

§ 116-36.5 - Centennial Campus trust fund; Horace Williams Campus trust fund; Millennial Campuses' trust funds.

§ 116-36.6 - East Carolina University School of Medicine; Medicare receipts.

§ 116-36.7 - Wake Forest Institute for Regenerative Medicine; profit sharing with State.

§ 116-37 - University of North Carolina Health Care System.

§ 116-37.1 - Center for public media.

§ 116-37.2 - Regulation of University of North Carolina Hospitals at Chapel Hill Funds.

§ 116-37.3 - Personnel of Dental School Clinical Operations at the University of North Carolina at Chapel Hill.

§ 116-38 - Child development research and demonstration center.

§ 116-39 - Agricultural research stations.

§ 116-40 - Board to accept gifts and congressional donations.

§ 116-40.1 - Land scrip fund.

§ 116-40.2 - Authorization to purchase insurance in connection with construction and operation of nuclear reactors.

§ 116-40.3 - Participation in sixth-year program of graduate instruction for superintendents, assistant superintendents, and principals of public schools.

§ 116-40.4 - School of medicine authorized at East Carolina University; meeting requirements of accrediting agencies.

§ 116-40.5 - Campus law enforcement agencies.

§ 116-40.6 - Certain Personnel of East Carolina University.

§ 116-40.7 - Internal auditors.

§ 116-40.8 - University of North Carolina at Pembroke designated as North Carolina's Historically American Indian University.

§ 116-40.11 - Disciplinary proceedings; right to counsel for students and organizations.

§ 116-40.12 - Student organizations; rights and recognition.

§ 116-40.13 - Authorization to secure liability insurance for alcohol sales.

§ 116-40.20 - Legislative findings.

§ 116-40.21 - Board of governors may authorize management flexibility.

§ 116-40.22 - Management flexibility.

§ 116-40.23 - Reporting requirement; effective date of reported policies, procedures, and rules.

§ 116-41.1 - Definitions.

§ 116-41.2 - Powers of Board of Governors generally.

§ 116-41.3 - University authorized to pay service charges; payments deemed revenues.

§ 116-41.4 - Bonds authorized; amount limited; form, execution and sale; terms and conditions; use of proceeds; additional bonds; interim receipts or temporary bonds; replacement of lost, etc., bonds; approval or consent for issuance; bonds not debt...

§ 116-41.5 - Contents of resolution authorizing issuance; powers liberally construed; deposit and use of revenues; rights and remedies of bondholders; service charges; insurance of projects; depositaries.

§ 116-41.6 - Pledge of revenues; lien.

§ 116-41.7 - Proceeds of bonds, revenues, etc., deemed trust funds.

§ 116-41.8 - Rights and remedies of bondholders.

§ 116-41.9 - Refunding revenue bonds.

§ 116-41.10 - Exemption from taxation.

§ 116-41.11 - Executive committee may be authorized to exercise powers and functions of Board.

§ 116-41.12 - Part provides supplemental and additional powers; compliance with other laws not required.

§ 116-41.13 - Distinguished Professors Endowment Trust Fund; purpose.

§ 116-41.13A - Distinguished Professors Endowment Trust Fund; definitions.

§ 116-41.14 - Distinguished Professors Endowment Trust Fund; establishment; maintenance.

§ 116-41.15 - Distinguished Professors Endowment Trust Fund; allocation; administration.

§ 116-41.16 - Distinguished Professors Endowment Trust Fund; contribution commitments.

§ 116-41.17 - Distinguished Professors Endowment Trust Fund; establishment of chairs.

§ 116-41.18 - Distinguished Professors Endowment Trust Fund; selection of Distinguished Professors.

§ 116-41.19 - Distinguished Professors Endowment Trust Fund; promulgation of rules.

§ 116-41.30 - Establishment of Future Teachers of North Carolina.

§ 116-41.31 - Oversight of Future Teachers of North Carolina.

§ 116-43 - Escheat receipts prior to July 1, 1971.

§ 116-43.1 - Institute for Transportation Research and Education.

§ 116-43.10 - Academic Common Market program.

§ 116-43.15 - Use of college or university facilities by public school students pursuant to cooperative programs.

§ 116-43.16 - Small business counseling information.

§ 116-43.17 - Confidentiality of research data, records, and information of a proprietary nature.

§ 116-43.20 - Operation of 4-H camps.

§ 116-43.30 - Advanced Placement courses for secondary school students.

§ 116-44.1 - Transferred to § 116-42 by Session Laws 1971, c1244, s11.

§ 116-44.2 - Transferred to § 116-38 by Session Laws 1971, c1244, s7.

§ 116-44.3 - Definitions.

§ 116-44.4 - Regulation of traffic and parking and registration of motor vehicles.

§ 116-44.5 - Special provisions applicable to identified constituent institutions of the University of North Carolina.

§ 116-44.6 - Definitions.

§ 116-44.7 - Exemption from certain fees and charges.

§ 116-44.8 - Fire Safety Loan Fund.