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§105-296 ART. 16. COUNTY OFFICIALS §105-296 <br /> <br /> list shall contain. The subpoena shall be signed by the chairman of <br /> the board of equalization and review if that board is in session; <br /> otherwise, it shall be signed by the chairman of the board of county <br /> commissioners. It shall be served by an officer qualified to serve <br /> sublJoenas. Any person who shall wilfully fail or refuse to appear, <br /> produce subpoenaed documents, or testify concerning the subject of <br /> the inquiry shall be guilty of a Class I misdemeanor. <br /> (h) Only after the abstract has been carefully reviewed can the <br />assessor require any person operating a business enterprise in the <br />county to submit a detailed inventory, statement of assets and <br />liabilities, or other similar information pertinent to the discovery or <br />appraisal of property taxable in the county. Inventories, statements <br />of assets and liabilities, or other information secured by the assessor <br />under the terms of this subsection, but not expressly required by <br />this Subchapter to be shown on the abstract itself, shall not be open <br />to public inspection but shall be made available, upon request, to <br />representatives of the Department of Revenue or of the Employment <br />Security Commission. Any assessor or other official or employee <br />disclosing information so obtained, except as may be necessary in <br />listing or appraising property in the performance of official duties, or <br />in the administrative or judicial proceedings relating to listing, <br />appraising, or other official duties, shall be guilty of a Class 3 <br />misdemeanor and punishable only by a fine not exceeding fifty <br />dollars ($50.00). <br /> (i) Prior to the first meeting of the board of equalization and <br />review, the assessor may, for good cause, change the appraisal of any <br />property subject to assessment for the current year. Written notice <br />of a change in assessment shall be given to the taxpayer at his last <br />known address prior to the first meeting of the board of equalization <br />and review. <br /> (j) The assessor shall annually review one eighth of the parcels in <br />the county classified for taxation at present-use value to verify that <br />these parcels qualify for the classification. By this method, the <br />assessor shall review the eligibility of all parcels classified for <br />taxation at present-use value in an eight-year period. The assessor <br />may require the owner of classified property to submit any informa- <br />tion needed by the assessor to verify that the property continues to <br />qualify for present-use value taxation. <br /> (k) He shall furnish information to the Department of Revenue as <br />required by the Department to conduct studies in accordance with <br />G.S. 105-289(h). <br /> (l) The assessor shall annually review at least one-eighth of the <br />parcels in the county exempted or excluded from taxation to verify <br />that these parcels qualify for the exemption or exclusion. By this <br />method, the assessor shall review the eligibility of all parcels <br />exempted or excluded from taxation in an eight-year period. The <br />assessor may require the owner of exempt or excluded property to <br />make available for inspection any information reasonably needed by <br />the assessor to verify that the property continues to qualify for the <br />exemption or exclusion. (1939, c. 310, ss. 403, 404; 1953, c. 970, s. 3; <br />1955, c. 1012, s. 1; 1957, c. 202; 1959, c. 740, s. 3; 1963, c. 302; 1971, <br />c. 806, s. 1; 1973, c. 560; 1983, c. 813, s. 3; 1985, c. 518, s. 2; 1987, c. <br />43, s. 2; c. 45, ss. 1, 2; c. 830, s. 84(b); 1987 (Reg. Sess., 1988), c. 1044, <br />s. 13; 1991, c. 34, s. 2; c. 77, s. 1; 1993, c. 539, ss. 715, 716; 1994, Ex. <br />Sess., c. 24, s. 14(c).) <br /> <br />573 <br /> <br /> <br />