Ind. Code § 6-1.1-47-1

Current through P.L. 171-2024

Section 6-1.1-47-1 - Definitions

The following definitions apply throughout this chapter:

(1) "Eligible transfer of real property" means the transfer of an item of real property by a transferring entity under any of the following statutes:

(A) IC 36-7-14-22.5.

(B) IC 36-7-15.1-15.5.

(C) IC 36-7-38.

(2) "Land bank" has the meaning set forth in IC 36-7-38-1.

(3) "Redevelopment commission" includes:

(A) a redevelopment commission established under IC 36-7-14; and

(B) a metropolitan development commission established under IC 36-7-15.1.

(4) "Transferring entity" means:

(A) a land bank; or

(B) a redevelopment commission.

IC 6-1.1-47-1

Added by P.L. 110-2017,SEC. 2, eff. 7/1/2017.