The holders of all debt obligations of the state of Tennessee described in § 9-9-105(a) and all persons who may hereafter purchase such obligations shall have, and are hereby declared to have, a vested right in the performance of the covenants and pledges contained in this chapter, and the performance of the duties imposed upon any officer or agency of the state of Tennessee by or pursuant to this chapter may be enforced by the holder of any such obligation by appropriate proceedings; provided, that no such holders or purchasers of debt obligations issued after July 1, 2013, shall have any such rights with respect to § 9-9-104.
Structure 2021 Tennessee Code
Chapter 9 - Funding of State Debt
§ 9-9-101. State Funding Board
§ 9-9-102. Maintenance of Records on the Condition of All Debt Obligations and Payments
§ 9-9-103. Debt Service Payments
§ 9-9-106. Certification of Amount Necessary for Payment of Debt Obligations
§ 9-9-107. Payments by State Funding Board
§ 9-9-108. State Funding Board's Authority to Deposit or Transfer Funds
§ 9-9-109. Custodian for Securities
§ 9-9-110. Investment of Cash Not Immediately Required
§ 9-9-111. Vested Rights of Holders of Debt Obligations
§ 9-9-112. Exemption From Taxes
§ 9-9-114. Records of State Obligations Payments
§ 9-9-116. Technical Advice — Expenses of Carrying Out Chapter
§ 9-9-117. State Immunity Preserved
§ 9-9-118. Authority to Establish Guidelines, Rules and Regulations