Tennessee Statutes
§ 12-2-121 — Disposition of proceeds from the sale and conveyance of surplus real property or improvements used for state armories or other operations of the department of military
Tennessee·Title 12
Notwithstanding any law to the contrary, proceeds from the sale and conveyance of surplus real property or improvements used for state armories or other operations of the department of military, if not managed as state office buildings and support facilities revolving fund property, shall be deposited in a reserve for military facilities, which hereby is created in the general fund, to be used for capital outlay for replacement facilities of the department and other capital outlay of the department.
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Tennessee § 12-2-121 (Disposition of proceeds from the sale and conveyance of surplus real property or improvements used for state armories or other operations of the department of military) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by 2013 Tenn. Acts, ch. 454,s 9, eff. 5/16/2013.
Nearby Sections
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Commission to purchase federal property§ 12-1-104
Federal improvements on state land§ 12-1-105
Payment for federal property§ 12-1-106
Land acquired by commissioner - Payment§ 12-1-107
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Part definitions§ 12-1-204
Effect of taking on property valuation