§ 13-30-108. Contracts and Agreements
The corporation may enter into contracts and agreements with the creating local government or local governments for staffing services to be provided to the corporation by such local governments or agencies or departments thereof.
§ 13-30-109. Corporate Powers
The corporation shall have the power, as limited by the legislative body of the creating local government or local governments, to: Adopt, amend and repeal bylaws for the regulation of its affairs and the conduct of its business; Sue and be sued in its own name and plead and be impleaded in all civil actions, […]
§ 13-30-110. Acquisition and Maintenance of Real Property and Interests in Real Property
The corporation may acquire real property or interests in real property for the land bank by gift, devise, transfer, exchange, foreclosure, purchase, or otherwise on terms and conditions and in a manner the corporation considers proper. The corporation may acquire real property by purchase contracts, lease purchase agreements, installment sales contracts or land contracts, and […]
§ 13-29-102. Legislative Findings
The general assembly finds the following: Minority business councils have been created to serve, support and promote minority business interests and minority-owned business entities in Tennessee urban communities; Such councils have enhanced the ability of minority business to procure employment opportunities in each council’s respective community; and At present, each council has independent and often […]
§ 13-29-103. Purpose of Chapter
The purpose of this chapter is to create one (1) central certification process that would permit reciprocity of certification for minority businesses throughout Tennessee.
§ 13-29-104. Cooperation by Minority Business Councils
Minority business councils doing business in Tennessee shall promulgate uniform certification procedures for member businesses, shall charge uniform fees for such services, and shall permit reciprocity of certification among the individual minority business councils. Such councils shall bear all costs of implementing this chapter.
§ 13-30-101. Short Title
This chapter shall be known and may be cited as the “Tennessee Local Land Bank Program.”
§ 13-30-102. Legislative Findings
The legislature finds and declares as follows: Tennessee’s communities are important to the social and economic vitality of the state. Whether urban, suburban or rural, many communities are struggling to cope with vacant, abandoned and tax-delinquent properties; There exists a crisis in many cities and their metro areas caused by disinvestment in real property and […]
§ 13-30-103. Chapter Definitions
As used in this chapter, unless the context clearly indicates otherwise: “Board of directors” or “board” means the board of directors or other similar governing body of the corporation; “Corporation” means a corporation created pursuant to this chapter to operate a land bank; “Land bank” means real property, however obtained or acquired and held by […]
§ 13-30-104. Creating Corporation — Funding
Any local government shall have the authority to create a corporation which is authorized to operate a land bank within the jurisdictional boundaries of the local government establishing the corporation. The corporation is declared to be performing a public function on behalf of the local government with respect to which the corporation is created and […]