Section 24-9-4 Definitions. - Alabama Statutes

Section 24-9-4

Definitions.

When used in the chapter, the following words shall have the following meanings:

(1) AGREEMENT. The interlocal cooperation agreement entered into by the parties pursuant to this chapter.

(2) AUTHORITY. The Alabama Land Bank Authority.

(3) BOARD. The Alabama Land Bank Authority Board.

(4) PROPERTY. Real property, including any improvements thereon.

(5) 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 for at least five or more calendar years.

(Act 2009-738, §4.)