TCA § 7-5-112 — Dissolution — Disposition of property — United States — Tennessee law | Esheria

TCA § 7-5-112 — Dissolution — Disposition of property

If the municipality’s governing body finds the authority’s purpose is completed and its debts are paid, the municipal executive officer must file a dissolution certificate with the secretary of state; once filed, the authority is dissolved and its property passes to the creating municipality.

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Jurisdiction
United States — Tennessee
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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asset disposition dissolution

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