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<section article="gec" article_name="Economic Development" number="12-1001" title_number="12" title_name="Local Development Authorities and Resources" subtitle_number="10" subtitle_name="Prince George's County -- Business Improvement Districts">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Board” means the board of directors of a district corporation.</text>
  </level>
  <level label="c">
    <text>“Commercial tenant” means a lessee or other lawful occupant, other than the owner, of nonexempt property within a district.</text>
  </level>
  <level label="d">
    <text>“Condominium” has the meaning stated in § 11–101 of the Real Property Article.</text>
  </level>
  <level label="e">
    <text>“Cooperative housing corporation” has the meaning stated in § 5–6B–01 of the Corporations and Associations Article.</text>
  </level>
  <level label="f">
    <text>“District” means a business improvement district established under this subtitle.</text>
  </level>
  <level label="g">
    <text>“District corporation” means a business improvement district corporation formed in accordance with this subtitle.</text>
  </level>
  <level label="h">
    <text>“Formation steering committee” means the group of stakeholders responsible for leading the formation of a district and preparing the application in accordance with § 12–1008 of this subtitle.</text>
  </level>
  <level label="i">
    <text>“Homeowners association” has the meaning stated in § 11B–101 of the Real Property Article.</text>
  </level>
  <level label="j">
    <text>“Members of the district” means owners of nonexempt property, commercial tenants, and residents in the district.</text>
  </level>
  <level label="k">
    <text>“Nonexempt property” means all real property that is not exempt from paying real property taxes except:</text>
    <level label="1">
      <text>condominium units and cooperative housing corporation units that exist on or before the date of establishment of a district;</text>
    </level>
    <level label="2">
      <text>homeowners associations; or</text>
    </level>
    <level label="3">
      <text>residential property with fewer than four dwelling units.</text>
    </level>
  </level>
  <level label="l">
    <text>“Resident” means an individual whose primary residence is within a district, including a renter or an owner of residential property, regardless of whether the individual resides on nonexempt property or exempt property.</text>
  </level>
</section>
