Sec. 379H.101. CREATION OF LAND BANK. (a) The governing body of a municipality may create a land bank by the adoption of an ordinance approving the land bank's certificate of formation and bylaws.
(b) Approval by the governing body of a municipality of the certificate of formation and bylaws of a corporation created under Chapter 431, Transportation Code, that will serve as a land bank under this chapter is sufficient to create a land bank under this section.
(c) A land bank's certificate of formation and bylaws approved under this section may not be changed or amended unless the governing body of the municipality for which the land bank was created approves the change or amendment by the adoption of an ordinance.
Added by Acts 2021, 87th Leg., R.S., Ch. 780 (S.B. 1679), Sec. 1, eff. September 1, 2021.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle A - Municipal Planning and Development
Chapter 379H - Urban Land Bank Program in Municipality With Population of Two Million or More
Subchapter C. Creation, Operation, and Dissolution of Land Bank
Section 379H.101. Creation of Land Bank
Section 379H.102. General Powers of Land Bank
Section 379H.103. Resolution of Complex Title Questions
Section 379H.104. Interlocal Contracts
Section 379H.105. Records and Reports
Section 379H.107. Advisory Committee and Neighborhood Consultation