Tennessee Statutes

§ 11-7-105 — Authority of board

Tennessee § 11-7-105

This text of Tennessee § 11-7-105 (Authority of board) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 11-7-105 (2026).

Text

In carrying out the purposes of the trust fund, the board is authorized to do the following:

(1)Acquire for the state, by purchase or by donation, and convey, sell, exchange, lease or otherwise transfer any interest in real property; the board, however, does not have the power of eminent domain;
(2)Make grants or loans to state, federal or local governments and to nonprofit organizations, in order to carry out the purposes of this chapter, including, but not limited to, grants or loans provided to acquire a fee simple or other interest in real property;
(3)Enter into contracts and cooperative agreements, other than grants or loans pursuant to subdivision (2), with state, federal and local governments, with private individuals and corporations, and with associations and organizations, as

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Legislative History

Acts 2005, ch. 444, §2; 2012 , ch. 986, § 24.

Nearby Sections

15
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Bluebook (online)
Tennessee § 11-7-105, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/11-7-105.