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us-ga/statute/48/chapter-4/article-6 — Land Banks · Axiom
Axiom
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Georgia
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Statutes
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Title 48
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§ chapter-4
Land Banks
13 sections
48-4-100
Short title; applicability.
48-4-101
Findings and declarations.
48-4-102
Definitions.
48-4-103
Creation; existence; board membership.
48-4-104
Initial size of board; continuation of land banks created before July 1, 2012; eligibility to serve; selection of chairperson and officers; governing rules and regulations; vacancies; compensation; meetings; quorum; adoption of bylaws; immunity from personal liability; voting.
48-4-105
Employment of executive director, legal counsel, technical experts, agents, and employees; contracts and agreements with localities for staffing services.
48-4-106
Powers; limitation or withdrawal of power by land bank member under certain circumstances.
48-4-107
Eminent domain.
48-4-108
Exemption of land bank property from state and local taxation; acquisition of real property interests; land bank prohibited from owning or holding real property located outside geographical boundaries.
48-4-109
Land bank to hold acquired property in own name; public review and inspection of real property inventory; consideration necessary for property transactions; hierarchical ranking of priorities for use.
48-4-110
Funding through grants and loans; receipt of payments for various activities; remission of real property tax; allocation of proceeds from sale of property.
48-4-111
Public meetings; conflicts of interest; dissolution.
48-4-112
Extinguishment of prior encumbrances, liens, and claims for real property taxes owed; remission to tax collector; tax collector authorized to assign, transfer, or sell to land bank certain ad valorem tax executions; content of notice of transfer; nonjudicial tax sale.
