§ 105-330.11. Memorandum of understanding.
§ 105‑330.11. Memorandum of understanding.
The Department of Revenue,acting through the Property Tax Division, and the Department of Transportation,acting through the Division of Motor Vehicles are directed to enter into amemorandum of understanding concerning the administration of this Article. Thememorandum of understanding must include the following:
(1) A procedure for theadministration of the listing, appraisal, and assessment of classified motorvehicles.
(2) Informationconcerning vehicle identification, the name and address of a vehicle's owner,and other information that will be required on a motor vehicle registrationform to implement the tax listing and collection provisions of this Article.
(3) A procedure for thebusiness practices, accounting, and costs of carrying out the integratedcomputer system for registration renewal and property tax collection for motorvehicles once the system has been certified to be in operation by theDepartment of Revenue and the Department of Transportation. The Departmentsmust consult with the North Carolina Association of County Commissioners,acting on behalf of the counties, and the North Carolina League ofMunicipalities, acting on behalf of the municipalities, in developing theprocedures under this subdivision and obtain their signed endorsements beforeany part of this procedure is implemented. (2008‑134, s. 64; 2009‑445, s. 24(a).)