TCA § 11-25-114 — Public instrumentality — Public nonprofit corporation
The authority is treated as a public instrumentality and public nonprofit corporation, its project activities are declared to serve a public purpose, its bonds are given special securities treatment, and its net earnings may not benefit private persons.
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- United States — Tennessee
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- Act or statute
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- Language
- en
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TCA § 11-25-114 — Public instrumentality — Public nonprofit corporation
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