IC 36-7-38-1 — Definitions
Chapter 38. Land Banks
Section text
Sec. 1. 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.
As added by P.L.211-2016, SEC.1. Amended by P.L.110-2017, SEC.4; P.L.26-2020, SEC.4.
Source: official publisher (2026 edition)