The UNC Policy Manual

Chapter 100.1 - The Code

Section 703

CODE
SECTION 703.                   IMMUNITIES.

703 A.   Tax Exemption.               

The lands and other property belonging to the University of North Carolina shall be exempt from all kinds of public taxation. [See N. C. Constitution, Art. V, Sec. 2(3) and G.S. 116-16]

703 B.   Tort Liability.

The University of North Carolina is not liable for any tort claims except as provided for by law. [See generally G.S. 143-291, et seq. and G.S. 116-40. 2]