Alabama Statutes
§ 41-10-860 — Definitions
For the purposes of this article, the following terms have the following meanings:
(1)ABUTTING PROPERTY. Any property that has any common boundary with a greenway trail or any other property that is within 25 feet of a greenway trail.
(2)ACQUISITION FUND. The Sweet Trails Alabama Acquisition Fund.
(3)CORPORATION. The Alabama Innovation Corporation.
(4)COUNCIL. The Alabama Council on Outdoor Recreation.
(5)DEVELOPER. The organization selected by the council pursuant to this article to develop a master plan.
(6)DONATED PROPERTY. The real property constituting a qualified donation made pursuant to this article.
(7)ELIGIBLE DONOR. Any person who owns an interest in a qualified donation.
(8)FAIR MARKET VALUE. The most recent estimated value of the donated property as determined by the l
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Legislative History
(Act 2023-545, §1.)