12-5905.   Same; powers of board.The board may:

      (a)   Sue and be sued;

      (b)   enter into contracts;

      (c)   appoint and remove staff and provide for the compensation thereof;

      (d)   acquire, by purchase, gift or devise, and convey any real property,including easements and reversionary interests, and personal property subjectto the provisions of this act;

      (e)   rebate all, or any portion thereof, the taxes on any property sold orconveyed by the bank;

      (f)   exercise any other power which may be delegated to the land bank by thegoverning body; and

      (g)   exercise any other incidental power which is necessary to carry out thepurposes of the land bank and this act.

      History:   L. 2009, ch. 120, § 5; July 1.