§ 21-43-111. Initiation of efforts to form business improvement district.
Notice shall be given to the municipality in which the district is to be established when an effort is begun by a contiguous group of non-residentially zoned local property owners to form a business improvement district. Upon delivery of a petition to the clerk of the municipality, signed by at least twenty percent (20%) of the property owners in an area proposing to establish a business improvement district, efforts can begin to form a business improvement district pursuant to Sections 21-43-101 through 21-43-133.
Sources: Laws, 1995, ch. 442, § 6, eff from and after passage (approved March 21, 1995).