160A-675. Tax exemption.
A district, and its property, bonds and notes, and income, are exempt from property taxes and income taxes to the same extent as if it were a city. A district is subject to gross receipts tax under G.S. 105-116. (1997-426, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 160A - Cities and Towns
Article 28 - Regional Natural Gas District.
§ 160A-661 - Purpose; definitions.
§ 160A-662 - Territorial jurisdiction and service area of district.
§ 160A-663 - Creation of district.
§ 160A-664 - Membership; officers; compensation.
§ 160A-666 - Advisory committees.
§ 160A-667 - General powers of the district.
§ 160A-668 - Fiscal accountability.
§ 160A-670 - Effect on existing franchises and operations.
§ 160A-671 - Termination of district.
§ 160A-672 - Joinder of county or city.
§ 160A-673 - Bonds and notes authorized.