Sec. 4. (a) A land bank is governed by a board of at least seven (7) and at most nine (9) directors.
(b) A director of a land bank appointed under this section must have demonstrated competency in an occupation or discipline that is relevant to the primary purpose of a land bank.
(c) Except as provided in this chapter, the term of a director of a land bank is for three (3) consecutive calendar years.
(d) If a director of a land bank is unable to complete the director's term, the authority that appointed the director shall appoint a successor to serve for the remainder of the incomplete term.
As added by P.L.211-2016, SEC.1.