Capital outlay notes issued pursuant to this part and general obligation bonds may be refunded by issuing capital outlay notes under this part, in accordance with the requirements and procedures set forth in this part and in §§ 9-21-903, 9-21-904, 9-21-910, 9-21-912, 9-21-913 and 9-21-914. The final maturity date of the refunding notes shall not be later than the final maturity date of the notes being refunded or the bonds being refunded, unless otherwise approved by the comptroller of the treasury or the comptroller's designee.
Structure 2021 Tennessee Code
Chapter 21 - Local Government Public Obligations Act of 1986
§ 9-21-601. Authorization for the Issuance of Capital Outlay Notes
§ 9-21-603. Security for Capital Outlay Notes
§ 9-21-607. Method of Sale of Three-Year Capital Outlay Notes and Seven-Year Capital Outlay Notes
§ 9-21-608. Twelve-Year Capital Outlay Notes
§ 9-21-609. Method of Sale of Twelve-Year Capital Outlay Notes