Tennessee Statutes

§ 41-12-107 — Entities wishing to become or withdraw as members of authority - Requirements

Tennessee·Title 41
(a)(1) Subject to subsection (b), any local governmental entity may become a member of an authority after its creation subject to following the requirements for a public hearing and notice in accordance with § 41-12-105 .
(2)Any governmental entity that is a member of an existing authority may withdraw from that authority, but no governmental entity shall be permitted to withdraw from any authority after any obligation has been incurred by the authority except by unanimous vote of all members of the authority, and after providing for an appropriate manner to hold the authority harmless concerning the governmental entity's share of any existing indebtedness incurred by the authority during the governmental entity's inclusion in the authority. The governing body of any governmental entity

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Tennessee § 41-12-107 (Entities wishing to become or withdraw as members of authority - Requirements) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2008, ch. 1092, § 8.

Nearby Sections

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