If an election on the proposition to issue general obligation bonds is had and a majority of the registered voters voting on the proposition do not vote in favor of the issuance of the general obligation bonds in question, then the proposition shall not again be the subject of an initial resolution until three (3) months have expired from the date of such election.
Structure 2021 Tennessee Code
Chapter 21 - Local Government Public Obligations Act of 1986
Part 2 - General Obligation Bonds
§ 9-21-202. Sale of General Obligation Bonds at Below Par Value
§ 9-21-203. Sale of General Obligation Bonds — Notices
§ 9-21-204. Sale of General Obligation Bonds to a State or Federal Agency
§ 9-21-205. Initial General Obligation Bond Resolution
§ 9-21-206. Publication of Notice
§ 9-21-208. Voluntary Election
§ 9-21-209. Election Resolution
§ 9-21-211. Limitation on Election Contests
§ 9-21-212. Waiting Period for New Election
§ 9-21-214. Powers to Secure and to Covenant as to General Obligation Bonds