Tennessee Statutes
§ 13-30-103 — Chapter definitions
Tennessee·Title 13
As used in this chapter, unless the context clearly indicates otherwise:
(1)"Board of directors" or "board" means the board of directors or other similar governing body of the corporation;
(2)"Corporation" means a corporation created pursuant to this chapter to operate a land bank;
(3)"Land bank" means real property, however obtained or acquired and held by a corporation, created pursuant to this chapter, with the intent of acquiring and holding onto the real property so acquired until such a time as the corporation is able to find a willing and able buyer to acquire the real property from the corporation;
(4)"Local government" means:
(A)Any home rule municipality;
(B)Any county having a population of not less than one hundred twenty-three thousand one (123,001) nor more than one hun
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Legislative History
Amended by 2018 Tenn. Acts, ch. 846,s 1, eff. 4/26/2018. Amended by 2015 Tenn. Acts, ch. 224,s 1, eff. 4/20/2015. Amended by 2014 Tenn. Acts, ch. 793,s 1, eff. 4/25/2014. Acts 2012, ch. 1096, § 1.
Nearby Sections
15
§ 13-10-101
Chapter definitions§ 13-10-102
Functions of commissioner§ 13-10-104
Authority of commissioner to inspect property and records and conduct investigations and hearings§ 13-10-107
State financial assistance - Contingencies§ 13-10-109
Financial assistance - Approved sources§ 13-10-201
Responsibility for implementation§ 13-10-202
Financial and legal independence§ 13-10-203
Enforcement authority§ 13-10-204
Confidentiality of information§ 13-10-205
Audits and reporting§ 13-10-206
Authority to adopt policies and regulations§ 13-11-101
Short title§ 13-11-102
Purpose§ 13-11-103
Chapter definitions