Tennessee § 12-2-120 Disposition of proceeds from sale and conveyance of surplus real property or improvements used for operation of state prisons

Tennessee Statutes

§ 12-2-120 — Disposition of proceeds from sale and conveyance of surplus real property or improvements used for operation of state prisons

Notwithstanding any law to the contrary, proceeds from the sale and conveyance of surplus real property or improvements used for operation of state prisons, if not managed as state office buildings and support facilities revolving fund property, shall be deposited in a reserve for correctional facilities, which hereby is created in the general fund, to be used for capital outlay for replacement facilities of the department of correction and other capital outlay of the department.

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Notwithstanding any law to the contrary, proceeds from the sale and conveyance of surplus real property or improvements used for operation of state prisons, if not managed as state office buildings and support facilities revolving fund property, shall be deposited in a reserve for correctional facilities, which hereby is created in the general fund, to be used for capital outlay for replacement facilities of the department of correction and other capital outlay of the department.

Tennessee § 12-2-120 (Disposition of proceeds from sale and conveyance of surplus real property or improvements used for operation of state prisons) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.