Return and assessment of personal property

Every person shall annually list for taxation the following personal property, to wit:

# (1)

all the tangible personal property in the State owned or controlled by him;

# (2)

all the tangible property owned by him or by any other resident of this State and under his control which may be temporarily out of the State but is intended to be brought into the State;

# (3)

all tangible personal property owned or controlled by him which may have been sent out of the State for sale and not yet sold; and

# (4)

all the moneys, credits, investments in bonds, stocks, joint-stock companies or otherwise, owned or controlled by him, whether in or out of this State.

Last amended: 1962 Code SECTION 65-1624; 1952 Code SECTION 65-1624; 1942 Code SECTION 2604; 1932 Code SECTION 2604; Civ. C. '22 SECTION 344; Civ. C. '12 SECTION 296; Civ. C. '02 SECTION 268; G. S. 173; R. S. 224, 225; 2015 Act No. 87 (S.379), SECTION 7, eff June 11, 2015. Effect of Amendment 2015 Act No. 87, SECTION 7, in the introductory paragraph, substituted "Every person shall" for "Every person of full age and of sound mind shall".

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