Each bond shall show expressly on its face that it is to be paid only by assessments levied and collected on the lands within the district so designated and numbered, and for the benefit of which district the bond is issued. No assessment shall be levied or collected for the payment of the bond or bonds, or the interest on the bonds, on any property, real or personal, outside the district so numbered, designated, and benefited.
Structure 2021 Tennessee Code
Title 54 - Highways, Bridges and Ferries
Chapter 12 - Road Improvement Districts
Part 4 - Collection of Assessments
§ 54-12-405. Bonds to Be Paid Only by Assessments Levied on the Lands Within the District
§ 54-12-411. Assessments Become Liens Upon Land
§ 54-12-412. Bill in Chancery to Sell Land for Collection of Delinquent Assessments
§ 54-12-416. Public Taxes to Be Paid Before the Delinquent Assessments
§ 54-12-418. Sale for Cash Subject to Redemption Within Two Years — Manner of Redemption
§ 54-12-419. Attorney's Fee Charged as Part of Judgment
§ 54-12-423. Assessments Collectible Only Out of the Assessed Land
§ 54-12-424. Compensation of Trustee for Collecting and Paying Out, and for Certified Copies