Land Bank Act definition

Land Bank Act means the Land and Agricultural Development Bank Act, No. 15 of 2002;
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Land Bank Act means Section 48-4-100 et seq. of the Official Code of Georgia Annotated as it exists on the Effective Date, and as it may be hereafter amended or replaced, subject to the provisions of Section 10.11 of this Contract.
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Land Bank Act means the Land and Agricultural Development Bank Act 15 of 2002;
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Examples of Land Bank Act in a sentence

  • The Parties intend that this Contract shall be construed liberally to effectuate the intent and purposes of this Contract and the legislative intent and purposes of the Land Bank Act as complete and independent authorization for the performance of each and every act and thing authorized by this Contract and the Land Bank Act.

  • The Land Bank may bid on and acquire title to Real Property in judicial and non-judicial tax enforcement proceedings in accordance with Section 48-4-112 of the Land Bank Act or such other general, special, or local laws as may be applicable to the property tax enforcement procedures of the Parties.

  • The Land Bank shall be terminated by (i) agreement by all Parties to this Contract, (ii) by affirmative resolution approved by two-thirds of the membership of the Board and in accordance with Section 48- 4-111 of the Land Bank Act, or (iii) by withdrawal of one or more Parties such that only one Party to this Contract remains and such remaining Party is not a consolidated government.

  • All powers granted to the Land Bank under this Contract and the Land Bank Act shall be broadly interpreted to effectuate the intent and purposes and not as a limitation of powers.

  • Subject to the notice provided to school districts pursuant to Section 48-4-112(a) of the Land Bank Act, and by resolution of the Board subject to the requirements of Section 4.08 of this Contract, the Land Bank may discharge and extinguish Real Property tax liens and claims owed to one or more of the Parties that encumber Real Property owned by the Land Bank.

  • The Land Bank may exercise all of the powers, duties, functions, and responsibilities of a land bank under the Land Bank Act to the extent authorized by the Land Bank Act and any other Georgia law.

  • The Parties agree that in accordance with Section 48-4-110(c) of the Land Bank Act, 0% of the Real Property taxes collected on Real Property, exclusive of any state or school district ad valorem tax, conveyed by the Land Bank after the Effective Date shall be remitted to the Land Bank commencing with the first taxable year following the date of conveyance and shall continue for a period of five years.

  • The Land Bank shall in its sole discretion and within its budget expend such funds as necessary to carry out the powers, duties, functions, and responsibilities of a land bank under the Land Bank Act consistent with this Contract.

  • The Land Bank may negotiate the acquisition of tax executions in accordance with Section 48-4-112 of the Land Bank Act or such other general, special, or local laws as may be applicable to the property tax enforcement procedures of the Parties.

  • Any proceeds from the sale or transfer of Real Property by the Land Bank shall be retained, expended, or transferred by the Land Bank as determined by the Board in the best interests of the Land Bank and in accordance with the Land Bank Act.


More Definitions of Land Bank Act

Land Bank Act means Article 16 of the New York Not-For-Profit Corporation Law, as amended from time to time.
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Land Bank Act means the Land Bank Fast Track Act, 2003 PA 258, MCL 124.751 TO 124.774.
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Land Bank Act means Article 16 of the New York Not-for-Profit Corporation Law and as it may be hereafter amended or replaced, subject to the provisions of Section 10.11 of this Agreement.
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Land Bank Act means Land and Agricultural Development Bank Act, 2002 as amended or replaced from time to time;
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Land Bank Act means Article 16 of the New York Not‐For‐Profit Corporation Law, as amended from time to time.
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Land Bank Act means Article 16 of the New York Not-for-Profit Corporation Law and as it may be hereafter amended or replaced, subject to the provisions of Section 11.11 of this Agreement.
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Related to Land Bank Act

  • Bank Act means the Bank Act (Canada);

  • Land Bank means the Land and Agricultural Development Bank of South Africa, an entity established in terms of the Land Bank Act;

  • Society Act means the Society Act of the Province of British Columbia from time to time in force and all amendments to it;

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • Land Act means the Land Xxx 0000;

  • Proceeds of Crime Act means the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada), as amended from time to time, and including all regulations thereunder.

  • Terrorist Act means any actual or threatened use of force or violence directed at or causing damage, injury, harm or disruption, or commission of an act dangerous to human life or property, against any individual, property or government, with the stated or unstated objective of pursuing economic, ethnic, nationalistic, political, racial or religious interests, whether such interests are declared or not. Criminal acts, primarily committed for personal gain and acts arising primarily from prior personal relationships between perpetrator(s) and victim(s) shall not be considered terrorist acts. Terrorist act also includes any act, which is verified or recognised by the (relevant) Government as an act of terrorism.

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • the 1961 Act means the Land Compensation Act 1961(d); “the 1965 Act” means the Compulsory Purchase Act 1965(e); “the 1980 Act” means the Highways Act 1980(f);

  • Community land trust means an entity that meets the requirements of section 462A.31, subdivisions 1 and 2.

  • 1990 Act means the Town and Country Planning Act 1990 (as amended);

  • the 1990 Act means the Town and Country Planning Act 1990;

  • Central Bank UCITS Regulations means the Central Bank (Supervision and Enforcement)

  • Transparency Act means the Federal Funding Accountability and Transparency Act of 2006 (Public Law 109-282), as amended by §6202 of Public Law 110-252. The Transparency Act also is referred to as FFATA.

  • Banking Act means the UK Banking Act 2009, as amended.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Insolvency Act means the Insolvency Xxx 0000;

  • the 1991 Act means the Water Industry Act 1991(a);