It is not lawful for:
to acquire the franchises or property of any similar corporation carrying on its operations with any city or town, or partly in such city or town and in the territory adjacent to same, by consolidation, purchase, lease or other mode, except only by and with the permission and consent, expressed officially in writing, of the municipal government of the city or town in which the corporation whose franchises or property is being acquired carries on its business, wholly or in part, and then only upon such terms and conditions as the municipal government may prescribe; provided, that such terms and conditions shall not violate any law.
Structure 2021 Tennessee Code
Chapter 54 - Municipal Powers Generally
§ 6-54-101. Division Into Wards
§ 6-54-102. Redistricting Into New Wards
§ 6-54-103. Owning Real Estate Outside Limits
§ 6-54-104. Regulation of Electrical Work
§ 6-54-105. Regulation of Sale of Commodities
§ 6-54-106. Regulation of Powder Magazines
§ 6-54-107. Interest of Officer in Municipal Contracts Prohibited
§ 6-54-108. Penalty for Unlawful Interest of Officer
§ 6-54-109. Municipal Control of Utilities
§ 6-54-115. Exemption of Property From Seizure
§ 6-54-117. Construction of Entertainment Facilities
§ 6-54-123. Personnel Policies
§ 6-54-126. Zoning Limitations on Agricultural Land
§ 6-54-132. Wheel Immobilizers
§ 6-54-133. Design Review Commission — Authority — Members — Appeal of Decisions
§ 6-54-134. Sale of Surplus Property by Public Auction Includes Sale by Internet Auction
§ 6-54-135. Allowing Pet Dogs in Outdoor Dining Areas at Restaurants
§ 6-54-145. Stopping Addiction and Fostering Excellence (Safe) Act