All revenue refunding bonds of the same issue shall be equally and ratably secured, without priority by reason of number, date of bonds, date of sale, date of execution or of delivery, by a lien upon the revenues of the enterprise, the revenues of which are pledged to the payment of such bonds, in accordance with this part and the resolution authorizing the issuance of the revenue refunding bonds.
Structure 2021 Tennessee Code
Chapter 21 - Local Government Public Obligations Act of 1986
Part 10 - Revenue Refunding Bonds
§ 9-21-1002. Determination by Governing Body to Be Conclusive
§ 9-21-1004. Maximum Amount of Principal for Which Revenue Refunding Bonds May Be Issued
§ 9-21-1005. Sale of Revenue Refunding Bonds at Below Par Value
§ 9-21-1007. Limitation on Maturity of Bonds to Be Refunded
§ 9-21-1009. Installment Sales or Exchanges
§ 9-21-1010. Notice of Refunding
§ 9-21-1011. Notice of Redemption
§ 9-21-1013. Powers to Secure and to Covenant as to Revenue Refunding Bonds
§ 9-21-1014. Revenue Refunding Bonds of the Same Issue Shall Be Equally and Ratably Secured
§ 9-21-1015. Rates Prescribed Sufficient to Produce Sufficient Revenues