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.
Structure Code of Alabama
Chapter 9 - Alabama Land Bank Authority.
Section 24-9-3 - Eminent Domain.
Section 24-9-5 - Alabama Land Bank Authority Board.
Section 24-9-6 - Acquisition of Tax Delinquent Properties.
Section 24-9-7 - Disposition of Tax Delinquent Properties.
Section 24-9-8 - Quiet Title and Foreclosure Action.