Tennessee Statutes
§ 13-20-707 — Financial aid
Tennessee·Title 13
An authority may borrow money or accept contributions from the federal government to assist in its undertaking transit-oriented redevelopment projects. An authority may do anything necessary or desirable to secure such financial aid, including obligating itself in any contract with the federal government for annual contributions to convey to the federal government the project to which the contract relates upon the occurrence of a substantial default under the contract, in the same manner as the authority may do to secure such aid in connection with slum clearance and housing projects under this chapter.
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 13-20-707 (Financial aid) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by 2017 Tenn. Acts, ch. 254,s 1, eff. 5/2/2017.
Nearby Sections
15
§ 13-10-101
Chapter definitions§ 13-10-102
Functions of commissioner§ 13-10-104
Authority of commissioner to inspect property and records and conduct investigations and hearings§ 13-10-107
State financial assistance - Contingencies§ 13-10-109
Financial assistance - Approved sources§ 13-10-201
Responsibility for implementation§ 13-10-202
Financial and legal independence§ 13-10-203
Enforcement authority§ 13-10-204
Confidentiality of information§ 13-10-205
Audits and reporting§ 13-10-206
Authority to adopt policies and regulations§ 13-11-101
Short title§ 13-11-102
Purpose§ 13-11-103
Chapter definitions