Tennessee Statutes

§ 13-23-505 — Special escrow account - Revenue sources

Tennessee § 13-23-505

This text of Tennessee § 13-23-505 (Special escrow account - Revenue sources) 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. § 13-23-505 (2026).

Text

(a)Any participating unit of local government may create a special escrow account earmarked for the sole purpose of generating revenue to transfer to the housing trust fund.
(b)Notwithstanding any other provision of law to the contrary, a participating unit of local government may specifically authorize that any revenue source, except pension or retirement funds over which the unit of local government has authority to levy and collect, may be used to provide endowment and contributions to the housing trust fund, either directly or through deposit in the special escrow account, and then by transfer to the housing trust fund.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Acts 1990, ch. 986, § 6.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Tennessee § 13-23-505, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/13-23-505.