Alabama Statutes
§ 24-9-4 — Definitions
When used in the chapter, the following words shall have the following meanings:
(1)AGREEMENT. The intergovernmental cooperation agreement entered into between an authority and a local authority by the parties pursuant to this chapter.
(2)AUTHORITY. The Alabama Land Bank Authority.
(3)BOARD. The Alabama Land Bank Authority Board.
(4)LOCAL AUTHORITY. A local land bank authority created by a county or municipality as provided in Section 24-9-10.
(5)PROPERTY. Real property, including any improvements thereon.
(6)TAX-DELINQUENT PROPERTY. Any property on which the taxes levied and assessed by any party remain in whole or in part unpaid on the date due and payable.
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Legislative History
(Act 2009-738, p. 2203, §4; Act 2010-727, p. 1818, §1; Act 2013-249, p. 610, §1.)
Nearby Sections
15
§ 24-1-100
Short Title§ 24-1-101
Definitions§ 24-1-102
Procedure for Incorporation§ 24-1-103
Area of Operation§ 24-1-110
Consolidated Housing Authorities