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ง 12-401. Definitions.

ง 12-401. Definitions.

   (a) In general. -- In this subtitle the following words have the meanings indicated.

(b) Board. -- "Board" means the board of directors of a district corporation.

(c) Commercial tenant. -- "Commercial tenant" means a lessee or other lawful occupant, other than the owner, of nonexempt property within a district.

(d) District. -- "District" means a business improvement district established under this subtitle.

(e) District corporation. -- "District corporation" means a business improvement district corporation formed in accordance with this subtitle.

(f) Members of the district. -- "Members of the district" means owners of nonexempt property in the district.

(g) Nonexempt property. -- "Nonexempt property" means nonresidential real property that is not exempt from paying real property taxes.

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Local Government
Maryland
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Larry Hogan
Larry Hogan
January 21, 2015 -
Republican
1-410-974-3400
100 State Circle, Annapolis, MD, 21401

Keywords
exempt
subtitle
business
improvement
corporation
paying
formed
resources
nonresidential
real