§ 160A-675. Tax exemption.

§ 160A‑675.  Taxexemption.

A district, and its property, bonds and notes, and income, are exemptfrom property taxes and income taxes to the same extent as if it were a city. Adistrict is subject to gross receipts tax under G.S. 105‑116. (1997‑426, s. 2.)