Each bond shall show expressly upon 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 such bond is issued. No assessment shall be levied or collected for the payment of such bond or bonds, or the interest on the bond or bonds, on any property, real or personal, outside the district so numbered, designated, and benefited.
Structure 2021 Tennessee Code
Title 69 - Waters, Waterways, Drains and Levees
Chapter 5 - Drainage and Levee Districts
Part 9 - Bond Issues and Warrants
§ 69-5-901. County May Issue and Sell Drainage Bonds
§ 69-5-902. Payment of Assessments Before Issuance of Bonds
§ 69-5-903. Terms of Bonds — Signing — District to Be Indicated
§ 69-5-904. Bonds a Charge on Land in District Only
§ 69-5-905. Denominations of Bonds
§ 69-5-906. Multi-County Districts — Issuance and Payment of Bonds
§ 69-5-907. Payment in Installments — Bond to Secure Installments
§ 69-5-908. Bond of County Trustee
§ 69-5-909. Warrants Issued Instead of Bonds
§ 69-5-910. Surplus Funds From Sale of Bonds or Warrants
§ 69-5-911. Prepayment of Deferred Installments
§ 69-5-912. Payment of Assessments With Bonds or Coupons
§ 69-5-914. Multi-County Districts — Payment by Bond or Coupon
§ 69-5-915. Single County Districts — Monthly Settlements by Trustees
§ 69-5-916. Multi-County Districts — Monthly Settlements by Trustees
§ 69-5-917. Disposition of Receipts — Maintenance or Administration Certificates
§ 69-5-918. Lien of Maintenance or Administration Certificates
§ 69-5-919. Proceeds From Sale of Maintenance or Administration Certificates
§ 69-5-920. Refunding Bonds Authorized — Terms
§ 69-5-921. Petition for Issuance of Refunding Bonds
§ 69-5-922. Refunding Bonds — Notice of Hearing
§ 69-5-923. Refunding Bonds — Petition and Notice in Multi-County Districts
§ 69-5-924. Hearing — Remonstrance
§ 69-5-925. Refunding Bonds — Release of Landowner From Assessment
§ 69-5-926. Refunding Bonds — Extended Assessments
§ 69-5-927. Refunding Bonds — Powers Conferred on Board of Directors
§ 69-5-928. Borrowing Money to Pay Bonds and Interest
§ 69-5-929. Appointment of Receiver for Defaulting Drainage District
§ 69-5-930. Powers of Receiver — Removal and Appointment of Another