North Carolina General Statutes 160A-544. Exclusion of personal property of public service corporations
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There shall be excluded from any service district and the provisions of this Article shall not apply to the personal property of any public service corporation as defined in N.C. Gen. Stat. § 160A-243(c); provided that this section shall not apply to any service district in existence on January 1, 1977. (1977, c. 775, s. 4.)
Terms Used In North Carolina General Statutes 160A-544
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.