Tennessee Statutes

§ 35-3-106 — Municipal bonds

Tennessee § 35-3-106

This text of Tennessee § 35-3-106 (Municipal bonds) 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. § 35-3-106 (2026).

Text

Investments may be made in bonds and notes of any county, city or town in any state or territory of the United States that has a population, as shown by the last federal census next preceding the investment, of not less than forty-five thousand (45,000) and has not defaulted within twenty-five (25) years next preceding the investment, for more than thirty (30) days, in the payment of any part of either principal or interest of any bond, note or other evidence of indebtedness.

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Legislative History

Acts 1931, ch. 100, § 1(e); C. Supp. 1950, § 9596.1(D); modified; T.C.A. (orig. ed.), § 35-306.

Nearby Sections

15
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Bluebook (online)
Tennessee § 35-3-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/35-3-106.