§ 16-701.  Preliminary Provision.
   (1)   This Chapter is in accordance with the provisions of Act 153 of 2012, codified at 68 Pa. C.S. §§ 2101 et seq.
   (2)   The Philadelphia Land Bank, hereinafter the "Land Bank", shall possess all powers and duties permitted to it under state law, except where expressly limited in this Chapter.