(1) Upon petition of the property owners who represent not less than ten percent of the land in an irregular, divided area, the board of county commissioners may create a land division study area.
(2) At any regular meeting of the board of county commissioners, the board may designate an area of land as a land division study area if:
(a) The notice and comment provisions of subsection (3) of this section have been complied with; and
(b) The board finds that the area proposed for inclusion in the study qualifies as an irregular, divided area.
(3) Prior to designating an area of land as a land division study area, the board of county commissioners shall publish its intent to consider such designation thirty days prior to the meeting in a newspaper of general circulation in the county. Such notice shall include the time and place of the hearing and an invitation to the public to comment on the proposed designation.