63A-5. Taxation of property of Authority.
Property owned by the Authority is exempt from taxation in accordance with Article V, 2 of the North Carolina Constitution. Property that is part of or is located on a cargo airport complex site and is not owned by the Authority, including property that is part of a special user project, is not exempt from tax due to its location. (1991, c. 749, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 63A - North Carolina Global TransPark Authority
§ 63A-1 - Short title and intent.
§ 63A-3 - Creation of Authority and Board.
§ 63A-4 - Powers of the Authority.
§ 63A-5 - Taxation of property of Authority.
§ 63A-6 - Acquisition, disposition, or exchange of real property.
§ 63A-10 - Refunding bonds or notes.
§ 63A-11 - Special user project bonds or notes.
§ 63A-12 - Public hearing requirements.
§ 63A-13 - Financing agreements.
§ 63A-14 - Security documents.
§ 63A-17 - Status of bonds and notes under Uniform Commercial Code.
§ 63A-18 - Zoning power of Authority.
§ 63A-19 - Goals for participation by minorities, women, and the disabled.
§ 63A-20 - Officers not liable.
§ 63A-21 - Conflicts of interest.
§ 63A-22 - Cooperation by other State agencies.