The district shall constitute a political subdivision of the State of North Carolina and shall be a body corporate and politic, exercising public power. The special district is a public authority under the Local Government Budget and Fiscal Control Act, but the audit required under G.S. 159-34 may be done as part of the audit of the county which established the special district, and the finance officer of that county shall be ex officio the finance officer of the special district. The board of commissioners of that county shall be ex officio the governing board of the special district.
(Sess. Laws 1989, ch. 963, § 7)