§ 72.03  ANNUAL TAX ON CERTAIN VEHICLES.
   (A)   There is hereby levied an annual license tax in the maximum amount permitted by G.S. § 20-97 upon each motor vehicle listed for property tax purposes in the town.
   (B)   The tax imposed by this section shall not apply to motor vehicles operated for display or exhibition purposes by manufacturers or dealers and which bear dealers’ license plates issued by the state.
(1991 Code, § 72.03)  (Ord. passed 12-22-1953; Ord. passed 6-14-1983; Ord. passed 6-11-1985; Ord. passed 6-21-1988)