Title 40 — Municipal Government
85 chapters · 759 sections in this title.
N.D.C.C. § 40-57.1-01 Declaration and finding of public purpose
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The legislative assembly declares and finds that it is and has been its purpose in preparing and adopting the provisions of this chapter to sanction, authorize, and encourage activities in the public interest and for the welfare of the state, its subdivisions, and people by assis…
N.D.C.C. § 40-57.1-02 Definitions
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As used in this chapter, unless a different meaning clearly appears from the context: 1. "Local development organization", as used in section 40-57.1-04.3, means a profit or nonprofit corporation incorporated under the laws of this state or a limited liability company organized u…
N.D.C.C. § 40-57.1-04 Exemption from income tax - Notice to competitors - Limitations
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Upon application by a project operator to the state board of equalization, the net income of a project may be exempt from state income tax for a period not exceeding five years from commencement of project operations. The application for the exemption must be reviewed as to the e…
N.D.C.C. § 40-57.1-04.1 Ad valorem tax exemption for existing structures - Requirements
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Notwithstanding any other provision of this chapter, a project operator who otherwise qualifies under this chapter may, upon application consistent with the provisions of this chapter, receive a partial or complete exemption from ad valorem taxation on any existing structure used…
N.D.C.C. § 40-57.1-04.2 Local development corporation defined - Requirements - Purpose
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Repealed by S.L. 1991, ch. 447, § 10. 40-57.1-04.3. Property tax exemption on speculative industrial buildings and properties owned by a local development organization. A municipality may, in its discretion, grant partial or complete exemption from ad valorem taxation on building…
N.D.C.C. § 40-57.1-04.4 Clearance of tax obligations and tax liens of record
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1. A project operator is not eligible for the income tax exemption under section 40-57.1-04 until a showing is made that the project operator has satisfied all state or local tax obligations and tax liens of record for delinquent property, income, income withholding, sales, or us…
N.D.C.C. § 40-57.1-05 Reapplication for tax exemption - Discretion of board of equalization
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The municipality or the state board of equalization, upon the presentation of additional facts and circumstances which were not presented or discovered at the time of the original application for tax exemption under the provisions of this chapter, may accept reapplications from p…
N.D.C.C. § 40-57.1-07 Exemptions - Time for making application
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1. No property tax exemption shall be granted under this chapter unless the application for it is granted as provided in this chapter prior to the commencement of construction of the project as that term is defined in section 40-57.1-02 or prior to occupancy by the project operat…
N.D.C.C. § 40-57.1-08 Large industrial projects - Exclusion from provisions of chapter
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Repealed by S.L. 1994, ch. 784, § 7.