68 Pennsylvania Consolidated Statutes Chapter 21 - Land Banks

• Chapter Notes
• Section 2101 - Scope Of Chapter
  This chapter relates to land banks.
• Section 2102 - Legislative Findings And Purpose
  The General Assembly finds and declares that: (1) Strong communities are important to the social and economic vitality of this Commonwealth. Whether urban, suburban...
• Section 2103 - Definitions
  The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly...
• Section 2104 - Creation And Existence
  (a) Authority.--Subject, in a city of the first class, to the home rule charter, a land bank jurisdiction may elect to create a land...
• Section 2105 - Board
  (a) Membership.--A board shall consist of an odd number of members and be not less than five members nor more than 11 members. Unless...
• Section 2106 - Staff
  (a) Employees.--A land bank may employ or enter into a contract for an executive director, counsel and legal staff, technical experts and other individuals...
• Section 2107 - Powers
  A land bank constitutes a public body, corporate and politic, exercising public powers of the Commonwealth necessary or appropriate to carry out this chapter,...
• Section 2108 - Eminent Domain
  A land bank does not possess the power of eminent domain.
• Section 2109 - Acquisition Of Property
  (a) Title to be held in its name.--A land bank shall hold in its own name all real property it acquires. (b) Tax exemption.--...
• Section 2110 - Disposition Of Property
  (a) Public access to inventory.--A land bank shall maintain and make available for public review and inspection an inventory of real property held by...
• Section 2111 - Financing Of Land Bank Operations
  (a) General rule.--A land bank may receive funding through grants and loans from: (1) the Federal Government; (2) the Commonwealth; (3) a municipality; (4)...
• Section 2112 - Borrowing And Issuance Of Bonds
  (a) Authority.-- (1) A land bank may issue a bond for any of its corporate purposes. (2) The principal and interest of a bond...
• Section 2113 - Public Records And Public Access
  (a) Public records.--A board shall keep minutes and a record of its proceedings. (b) Public access.--A land bank is subject to: (1) 65 Pa.C.S....
• Section 2114 - Dissolution Of Land Bank
  (a) General rule.--A land bank may be dissolved as a public body corporate and politic upon compliance with all of the following: (1) Sixty...
• Section 2115 - Conflicts Of Interest
  (a) State Adverse Interest Act.--The acts and decisions of members of a board and of employees of a land bank shall be subject to...
• Section 2116 - Construction, Intent And Scope
  This chapter shall be construed liberally to effectuate the legislative intent and the purposes as complete and independent authorization for the implementation of this...
• Section 2117 - Delinquent Property Tax Enforcement
  (a) Power to discharge liens and claims.-- (1) Except as set forth in paragraph (2), a land bank may, by resolution of the board,...
• Section 2118 - Expedited Quiet Title Proceedings
  (a) Authorization.-- (1) A land bank may file an action to quiet title to real property in which the land bank has an interest....
• Section 2119 - Annual Audit And Report
  The following shall apply: (1) The land bank shall annually, within 120 days after the end of the fiscal year, submit an audit of...
• Section 2120 - Determination On Procedural Revision
  If the department determines that comprehensive reform legislation on property-tax foreclosure has been enacted revising procedure under the statutory provisions referred to in section...

Last modified: October 8, 2016