It is the intent and purpose of this chapter to provide a uniform and comprehensive statutory framework authorizing any local government to issue general obligation bonds and revenue bonds for public works projects, general obligation bonds for certain unfunded pension obligations, general obligation refunding bonds, revenue refunding bonds, bond anticipation notes, capital outlay notes, grant anticipation notes, tax anticipation notes, and health care revenue anticipation notes, and to authorize the destruction of bonds, notes and coupons.
Structure 2021 Tennessee Code
Chapter 21 - Local Government Public Obligations Act of 1986
Part 1 - General Provisions Applicable to All Bonds and Notes Issued by Local Governments
§ 9-21-103. No Indebtedness Limit
§ 9-21-105. Chapter Definitions
§ 9-21-106. Rate Discrimination Prohibited
§ 9-21-107. Powers of Local Governments
§ 9-21-108. Governing Body Authorized to Act by Resolution — Procedure for Adoption of Resolutions
§ 9-21-109. Determination of Costs of Public Works Projects
§ 9-21-110. Appointment of a Fiscal Agent
§ 9-21-112. Interim Certificates
§ 9-21-115. State Control of Public Works Projects
§ 9-21-116. Hotel and Motel Projects Subject to Tax
§ 9-21-118. Recital of Issuance Pursuant to This Chapter
§ 9-21-119. Validity of Bonds and Notes Unaffected by Certain Irregularities
§ 9-21-121. Impairment of Contract
§ 9-21-122. Authorization to Cancel Bonds, Notes and Coupons
§ 9-21-126. Advertisements for Sale of Bonds or Notes
§ 9-21-128. Debt Necessary to Fund School Building Improvements, Demolition or New Construction
§ 9-21-131. Agreements Concerning Rights and Remedies of Parties — Jurisdiction — Applicable Law