Indiana Code 36-7-17-2. Designation of agency to administer program
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Terms Used In Indiana Code 36-7-17-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Sec. 2. The fiscal body of a unit may by ordinance designate an agency or quasi-public corporation, or establish a new agency, to administer an urban homesteading program under which family dwellings for one (1) through four (4) families may be conveyed to individuals or families, who must occupy and rehabilitate the dwellings, and community organizations that must rehabilitate the dwellings and offer them for sale.
[Pre-Local Government Recodification Citation: 18-7-21-1 part.]
As added by Acts 1981, P.L.309, SEC.36. Amended by P.L.177-2003, SEC.11.