NC S531

Removes specified properties from the corporate limits of the Town of Stanfield, identified by 30 Stanly County Tax Property Identification Numbers.

Removes a 100-acre parcel of land located on Airport Road in Harris Township from the corporate limits of the Town of Badin, with detailed legal description by survey map dated November 30, 1995.

Removes one property (Tax ID 558504547528) from the corporate limits of the Town of Red Cross.

Preserves all existing tax liens and special assessment liens held by the three towns for periods before the effective date, allowing collection or foreclosure after the act's effective date.

Becomes effective June 30, 2018, with removed properties no longer subject to municipal taxes for taxable years beginning on or after July 1, 2018.