North Carolina § 146-22 - 4. Acquisition of wetlands from private mitigation banking companies.
Full text of North Carolina North Carolina General Statutes § 146-22 — 4. Acquisition of wetlands from private mitigation banking companies., with citation guidance and answers to common questions.
§ 146-22. 4. Acquisition of wetlands from private mitigation banking companies.
Payment for Taxes. - A State agency that acquires wetlands from a private mitigation banking company must pay a sum in lieu of ad valorem taxes to the county where the wetlands are located. The sum is equal to the estimated amount of ad valorem taxes that would have accrued for the next 20 years as computed in G.S. 146-22.3(c). Requirement for Acquisition. - A State agency may require, as a condition of accepting a donation of wetlands by a private mitigation banking company, that the company make adequate provisions for the long-term maintenance and management of the wetlands. These provisions may include reimbursement to the agency for payment of a sum in lieu of ad valorem taxes. Application. - This section applies only to land acquired in counties designated as a development tier one area under G.S. 143B-437.08. History (2004-188, s. 5; 2006-252, s. 2.15.) Effect of Amendments. - Session Laws 2006-252, s. 2.15, effective January 1, 2007, substituted "a development tier one area under G.S. 143B-437.08" for "an enterprise tier one or enterprise tier two area under G.S. 105-129.3" in subsection (c).
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 146-22
What does North Carolina General Statutes § 146-22 cover?
Section 146-22 ("4. Acquisition of wetlands from private mitigation banking companies.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 146-22?
A common citation format is "North Carolina General Statutes § 146-22" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 146-22 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.