Code of Alabama - Title 24: Housing - Chapter 9 - Alabama Land Bank Authority

• Section 24-9-1 Short title
  This chapter shall be known and may be cited as the Alabama Land Bank Authority Act.
• Section 24-9-2 Purpose
  The Alabama Land Bank Authority is hereby created for the purpose of acquiring tax delinquent properties in order to foster the public purpose of rehabilitating...
• Section 24-9-3 Eminent domain
  The authority does not have the power of eminent domain.
• Section 24-9-4 Definitions
  When used in the chapter, the following words shall have the following meanings: (1) AGREEMENT. The intergovernmental cooperation agreement entered into between an authority and...
• Section 24-9-5 Alabama Land Bank Authority Board
  (a) There is created the Alabama Land Bank Authority Board which shall govern the authority to administer and enforce this chapter. (b) The board shall...
• Section 24-9-6 Acquisition of tax delinquent properties
  (a) The authority, at such times as it deems to be appropriate, may submit a written request to the Land Commissioner of the Alabama Department...
• Section 24-9-7 Disposition of tax delinquent properties
  (a) The authority shall adopt rules and regulations for the disposition of property in which the authority holds a legal interest, which rules and regulations...
• Section 24-9-8 Quiet title and foreclosure action
  (a) The authority may initiate a quiet title action under this section to quiet title to real property held by the authority or interests in...
• Section 24-9-9 Applicability of chapter
  This chapter shall not apply to property owned, operated, or used by utilities engaged in the generation, transmission, or distribution of electricity.
• Section 24-9-10 Incorporation of local authority
  (a) If the number of tax delinquent properties in a municipality exceeds 1,000, then the governing body of a municipality may adopt a resolution declaring...

Last modified: May 3, 2021