United States — Tennessee
TCA § 9-21-103 — No indebtedness limit
1 provisions
Bonds or notes may be issued under this chapter, regardless of any legal limit on indebtedness.
Act or statute Open & Chat
United States — Tennessee Statutes
Browse legislation and open any statute to read or ask LexChat.
30,219 statutes · page 1,493 of 1,511
United States — Tennessee
TCA § 9-21-104 — Negotiability
1 provisions
Bonds or notes issued by a local government under this chapter are fully negotiable unless the document expressly says they are nonnegotiable.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-105 — Chapter definitions
1 provisions
This section defines key terms for the chapter and sets some financing rules for local government public works projects.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-106 — Rate discrimination prohibited
1 provisions
A public works project must not discriminate in rates, fees, charges, service availability, or energy quality against consumers using solar or wind equipment. Those consumers must install and operate their equipment in line with applicable state or local safety rules.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-107 — Powers of local governments
1 provisions
Local governments have broad powers to build, finance, operate, lease, and manage public works projects, parking facilities, and transit facilities, subject to stated consent and boundary limits.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-108 — Governing body authorized to act by resolution — Procedure for adoption of resolutions
1 provisions
Local government governing bodies may use resolutions to act under this chapter, and those resolutions can be adopted at the meeting where introduced.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-109 — Determination of costs of public works projects
1 provisions
When calculating the cost of a public works project financed with bonds or notes, certain extra expenses may be counted as project costs.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-110 — Appointment of a fiscal agent
1 provisions
Any local government may appoint and manage a fiscal agent when issuing bonds or notes.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-1101 — Authorization, security, and retirement of health care revenue anticipation notes
1 provisions
A local government operating a nursing home may issue health care revenue anticipation notes, but the sale needs comptroller approval and the note principal is capped by the finance commissioner as set in the transfer agreement.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-1102 — Terms of health care revenue anticipation notes
1 provisions
Health care revenue anticipation notes must be sold for at least par value plus accrued interest and must mature within 30 days of issuance.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-1103 — Method of sale of health care revenue anticipation notes
1 provisions
The local government’s governing body may direct how health care revenue anticipation notes are sold.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-1104 — Interfund loans
1 provisions
Local governments may make interfund loans if they follow the note-issuance procedures in this part.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-111 — Execution of bonds and notes
1 provisions
This section sets how bonds and notes under the chapter may be signed and sealed, including when facsimile signatures or seals are allowed.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-112 — Interim certificates
1 provisions
A local government may issue interim certificates or other temporary obligations while definitive bonds or notes are being prepared or delivered.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-113 — Deposit and custody of proceeds
1 provisions
Bond or note sale proceeds must be deposited with the specified custodian, and the custodian may not receive extra pay for handling the funds.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-114 — Fees for reselling bonds or notes forbidden
1 provisions
An official may not pay a fee other than an underwriting discount for selling already-sold bonds or notes issued by the local government, except for certain legal/fiscal or remarketing fees.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-115 — State control of public works projects
1 provisions
This chapter does not remove any existing approval requirement for a public works project.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-116 — Hotel and motel projects subject to tax
1 provisions
A hotel or motel built as a public works project under this chapter is subject to collection of the local hotel-and-motel tax where that tax applies.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-117 — Tax exemption
1 provisions
Local government bonds or notes issued under this chapter, and their income, are exempt from state, county, and municipal taxes, except inheritance, transfer, and estate taxes, and except where this code says otherwise.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-21-118 — Recital of issuance pursuant to this chapter
1 provisions
A resolution may state that bonds or notes were issued under this chapter.
Act or statute Open & Chat