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Terms Used In Tennessee Code 13-30-101

  • Land bank: means real property, however obtained or acquired and held by a corporation, created pursuant to this chapter, with the intent of acquiring and holding onto the real property so acquired until such a time as the corporation is able to find a willing and able buyer to acquire the real property from the corporation. See Tennessee Code 13-30-103

This chapter shall be known and may be cited as the “Tennessee Local Land Bank Program.”