Pending the preparation of the definitive bonds, interim receipts or certificates in such form and with such provisions as the governing body may determine, may be issued to the purchaser or purchasers of bonds sold pursuant to this chapter. The bonds and interim receipts or certificates shall be fully negotiable within the meaning of and for all purposes of the Uniform Commercial Code, compiled in title 47, chapters 1–9.
Structure 2021 Tennessee Code
Title 7 - Consolidated Governments and Local Governmental Functions and Entities
Chapter 37 - Industrial Building Revenue Bond Act of 1951
§ 7-37-102. Chapter Definitions
§ 7-37-103. Purpose of Chapter
§ 7-37-104. Powers of Municipalities
§ 7-37-106. Improvements and Bonds Authorized
§ 7-37-109. Bonds Not General Obligation
§ 7-37-110. Election — Questions Submitted — Declaration of Result
§ 7-37-112. Interim Financing — Certificates
§ 7-37-114. Tax Exemption of Bonds