Tennessee § 54-5-1402 Right-of-way acquisitions requiring special approval

Tennessee Statutes

§ 54-5-1402 — Right-of-way acquisitions requiring special approval

Tennessee § 54-5-1402

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This text of Tennessee § 54-5-1402 (Right-of-way acquisitions requiring special approval) 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. § 54-5-1402 (2026).

Text

Notwithstanding any other law to the contrary, proposed payment shall be approved by the commissioner of finance and administration and the comptroller of the treasury:

(1)If the property is proposed for acquisition for right-of-way under the authority of this chapter;

(2)If:

(A)The appraised value of a parcel of land along the right-of-way exceeds one hundred thousand dollars ($100,000); or (B) The appraised value of all parcels of land owned by any one (1) person, family or entity along the right-of-way exceeds one hundred thousand dollars ($100,000); and (3) If the department proposes to pay more than ten percent (10%) above the current appraised value.

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Notwithstanding any other law to the contrary, proposed payment shall be approved by the commissioner of finance and administration and the comptroller of the treasury: (1) If the property is proposed for acquisition for right-of-way under the authority of this chapter; (2) If: (A) The appraised value of a parcel of land along the right-of-way exceeds one hundred thousand dollars ($100,000); or (B) The appraised value of all parcels of land owned by any one (1) person, family or entity along the right-of-way exceeds one hundred thousand dollars ($100,000); and (3) If the department proposes to pay more than ten percent (10%) above the current appraised value.