{"data":{"id":"us-nc/n.c.-gen.-stat.-105-330.9","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 105-330.9","heading":"Antique automobiles.","body":"(a)\tDefinition. - For the purpose of this section, the term \"antique automobile\" means a motor vehicle that meets all of the following conditions:\n(1)\tIt is registered with the Division of Motor Vehicles and has an historic vehicle special license plate under G.S. 20-79.4.\n(2)\tIt is maintained primarily for use in exhibitions, club activities, parades, and other public interest functions.\n(3)\tIt is used only occasionally for other purposes.\n(4)\tIt is owned by an individual, or owned directly or indirectly through one or more pass-through entities, by an individual.\n(5)\tIt is used by the owner for a purpose other than the production of income and is not used in connection with a business.\n(b)\tClassification. - Antique automobiles are designated a special class of property under Article V, Sec. 2(2) of the North Carolina Constitution and must be assessed for taxation in accordance with this section. An antique automobile must be assessed at the lower of its true value or five hundred dollars ($500.00). (1995, c 512, s 2; 2009-445, s. 24(a); 2013-414, s. 70(b); 2017-10, s. 2.8.)","path":["","SUBCHAPTER II. LISTING, APPRAISAL, AND ASSESSMENT OF PROPERTY AND COLLECTION OF TAXES ON PROPERTY.","Article 22A. Motor Vehicles."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_105/GS_105-330.9.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:15:52Z","sha256":"c8402266a7c480a18d6786af09bea12dfec4f73e179138d2065c735790344794","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-105-330.8","next":"us-nc/n.c.-gen.-stat.-105-330.10"},"notice":"GroundRules: Original legal text. Not legal advice."}