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30,219 statutes · page 1,498 of 1,511
United States — Tennessee
1 provisions
Tax anticipation notes may be sold by competitive public sale or private negotiated sale, as directed by the local government’s governing body.
United States — Tennessee
1 provisions
Local governments may issue general obligation refunding bonds by resolution.
United States — Tennessee
1 provisions
A governing body’s determination about refunding, included amounts, or redemption of obligations is conclusive.
United States — Tennessee
1 provisions
Before refunding bonds are authorized, the refunding plan must be submitted for review to the comptroller or designee, who must acknowledge receipt and may report back; the governing body may act after the report or after 15 days.
United States — Tennessee
1 provisions
The principal amount of refunding bonds cannot exceed the stated sum of listed costs and obligations.
United States — Tennessee
1 provisions
An initial resolution is generally required for certain general obligation refunding bonds, but not if the refunding bonds are secured the same way as the bonds being refunded.
United States — Tennessee
1 provisions
Local governments must sell general obligation refunding bonds for at least 98% of par value plus accrued interest, with limited exceptions for whole issues or discount bonds.
United States — Tennessee
1 provisions
General obligation refunding bonds may be sold and structured in several ways, and a local government may authorize certain interest-rate hedging agreements by resolution if specified compliance findings are made.
United States — Tennessee
1 provisions
General obligation refunding bonds cannot be issued to refund outstanding obligations unless those obligations mature by their terms or can be called for redemption within 10 years of delivery, unless a longer period is approved by the comptroller of the treasury or the comptroller’s designee.
United States — Tennessee
1 provisions
General obligation refunding bonds may be sold or exchanged in installments, all at once, or in part at different times.
United States — Tennessee
1 provisions
Local governments may sell general obligation refunding bonds by competitive public sale or private negotiated sale, but private sales need comptroller approval and competitive sales require advance notice.
United States — Tennessee
1 provisions
If refunding bonds are sold under a state or federal agency’s commitment to buy them, they may be sold by private negotiated sale to that agency without public advertisement or comptroller approval.
United States — Tennessee
1 provisions
The governing body must give notice before issuing general obligation refunding bonds if the refunded obligations will not be retired or timely redemption notice has not been given.
United States — Tennessee
1 provisions
If refunded obligations are called for redemption, the governing body must give a redemption notice as required by the authorizing resolution or ordinance.
United States — Tennessee
1 provisions
Refunding bond proceeds must be used only for the refunded obligations, escrowed, or related payments and reports; some escrow investments need comptroller approval.
United States — Tennessee
1 provisions
A local government may make a wide range of covenants and pledges to secure general obligation refunding bonds.
United States — Tennessee
1 provisions
Holders of certain general obligation refunding bonds have the rights given in § 9-21-216, plus any other rights allowed by law.
United States — Tennessee
1 provisions
This chapter may be cited as the “Perfection, Priority and Enforcement of Public Pledges and Liens Act.”
United States — Tennessee
1 provisions
This section says the chapter sets the rules for perfection, priority, and enforcement of pledges and liens tied to public obligations.
United States — Tennessee
1 provisions
This section defines several terms used in the chapter, including “collateral,” “interest rate agreement,” “issuer,” “official actions,” and “public obligation.”