Any municipality may acquire a project site by gift, purchase or lease, and may transfer any project site to a corporation by sale, lease, or gift. Such transfer may be authorized by a resolution of the governing body of the municipality without submission of the question to the voters, and without regard to the requirements, restrictions, limitations or other provisions contained in any other general, special or local law. Such project site may be within or without the municipality or partially within and partially without the municipality.
Structure 2021 Tennessee Code
Title 48 - Securities, Corporations and Associations
Chapter 101 - Special Purpose Corporations and Associations
Part 3 - Health, Educational and Housing Facility Corporations
§ 48-101-301. Part Definitions
§ 48-101-305. Filing of Certificate of Incorporation
§ 48-101-309. Terms of Contracts
§ 48-101-313. Nonliability of Municipality