Tennessee Statutes

§ 4-29-112 — Winding up affairs of terminated entity

Tennessee·Title 4
Upon the termination of any governmental entity under this chapter, it shall continue in existence until June 30 of the next succeeding calendar year for the purpose of winding up its affairs. During that period, termination shall not diminish, reduce, or limit the powers or authorities of each respective governmental entity. When the wind-up period expires, the governmental entity shall cease all activities.

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Related

State Ex Rel. Commissioner of Transportation v. Medicine Bird Black Bear White Eagle
63 S.W.3d 734 (Court of Appeals of Tennessee, 2001)
79 case citations

Legislative History

Acts 1977, ch. 452, § 14; T.C.A., § 4-2918.

Nearby Sections

15
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