Boards of Land Banks Made Up of Two or More Eligible Units

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Sec. 4.5. (a) This section applies to the board of a land bank established under section 2(b) of this chapter.

(b) The interlocal agreement providing for the establishment of the land bank must specify:

(1) subject to section 4(a) of this chapter, the number of directors of the board of the land bank;

(2) any directors that are to serve as ex officio directors of the board; and

(3) for each director of the board that is to be appointed, the appointing authority.

As added by P.L.26-2020, SEC.6.


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