Tennessee Statutes
§ 13-30-107 — Corporate authority to create land bank for real property - Compliance with state law, ethical standards, and open records provisions
Tennessee·Title 13
(a)The corporation, once created, shall have the authority to create a land bank for real property located within the boundaries of the creating local government or local governments.
(b)No rules or bylaws created by the corporation may contravene state law.
(c)All board members, appointees, employees and/or paid advisors of the corporation created, appointed or employed, with or without pay, pursuant to this chapter are subject to title 8, chapter 17, and may not be exempted on the basis of any corporate board governance rules or bylaws.
(d)All meetings of the board of directors of the corporation and/or its employees are subject to title 8, chapter 44, and may not be exempted on the basis of the corporate board governance rules or bylaws.
(e)All corporate records are subject to §§ 1
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Tennessee § 13-30-107 (Corporate authority to create land bank for real property - Compliance with state law, ethical standards, and open records provisions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
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