Indiana § 36-7-38-1 Definitions

Indiana Statutes

§ 36-7-38-1 — Definitions

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 38 Land Banks

The following definitions apply throughout this chapter:

(1)"Distressed real property" includes real property in a neglected or unmarketable condition.

(2)"Eligible unit" means:

(A)a county;

(B)a consolidated city;

(C)a second class city; or

(D)a third class city; to which IC 36-7-9 applies.

(3)"Land bank" means an entity established under section 2 of this chapter.

(4)"Person" means an individual, a corporation, a limited liability company, a partnership, or other legal entity.

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The following definitions apply throughout this
chapter:
(1) "Distressed real property" includes real property in a neglected
or unmarketable condition.
(2) "Eligible unit" means:
(A) a county;
(B) a consolidated city;
(C) a second class city; or
(D) a third class city;
to which IC 36-7-9 applies.
(3) "Land bank" means an entity established under section 2 of
this chapter.
(4) "Person" means an individual, a corporation, a limited liability
company, a partnership, or other legal entity.

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