2021 Tennessee Code
Title 7 - Consolidated Governments and Local Governmental Functions and Entities
Chapter 53 - Industrial Development Corporations

Part 1 - General Provisions

§ 7-53-101. Chapter Definitions - As used in this chapter, unless the context otherwise requires:...

§ 7-53-103. Dissolution — Disposition of Property - Whenever the board of directors of the corporation shall by...

§ 7-53-105. Provisions Cumulative - Neither this chapter nor anything contained in this chapter shall...

Part 2 - Incorporation

§ 7-53-201. Application for Incorporation — Qualifications of Applicants — Certificate - Whenever any number of natural persons, not less than three...

§ 7-53-203. Approval of Certificate by Secretary of State — Recording - When executed and acknowledged in conformity with § 7-53-202, the...

§ 7-53-204. Amendment of Certificate - The certificate of incorporation may at any time and from...

Part 3 - Operation and Powers

§ 7-53-301. Board of Directors - The corporation shall have a board of directors in which...

§ 7-53-306. Municipal Liability — Submission to Voters — Remedies of Bondholders - The municipality shall not, in any event, be liable for...

§ 7-53-309. Bonds as Legal Investments and Lawful Security - Bonds issued under the authority of this chapter and secured...

§ 7-53-310. Acquisition and Transfer of Project Sites - Any municipality may acquire a project site by gift, purchase,...

§ 7-53-311. Lease or Lease-Purchase Agreement With Municipality Authorized — Tax Levy - Any city, county or metropolitan government is authorized to enter...

§ 7-53-315. Authority for Municipality to Aid or Provide Assistance for Certain Projects - Notwithstanding §§ 7-53-306 and 7-53-307, in any municipality in which...