North Dakota Statutes

§ 40-57.1-03 — Municipality's authority to grant or revoke tax exemption or payments in lieu of taxes - Notice to competitors - Limitations

North Dakota § 40-57.1-03
JurisdictionNorth Dakota
Title 40Municipal Government
Ch. 40-57.1Tax Exemptions for New and Expanding Businesses

This text of North Dakota § 40-57.1-03 (Municipality's authority to grant or revoke tax exemption or payments in lieu of taxes - Notice to competitors - Limitations) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 40-57.1-03 (2026).

Text

in lieu of taxes - Notice to competitors - Limitations.

1.After negotiation with a potential project operator, a municipality may grant a partial or complete exemption from ad valorem taxation on all buildings, structures, fixtures, and improvements used in or necessary to the operation of a project for a period not exceeding five years from the date of commencement of project operations. A municipality may also grant a partial or complete exemption from ad valorem taxation on buildings, structures, fixtures, and improvements used in or necessary to the operation of a project that produces or manufactures a product from agricultural commodities for all or part of the sixth year through the tenth year from the date of commencement of project operations. Before a municipality may grant a p

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Related

National Sun Industries, Inc. v. Ransom County Ex Rel. Ransom County Board of Commissioners
474 N.W.2d 502 (North Dakota Supreme Court, 1991)
9 case citations

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Bluebook (online)
North Dakota § 40-57.1-03, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/40-57.1-03.