Tennessee Statutes
§ 6-54-125 — Municipal officials and employees prohibited from purchasing surplus property, except at public auction - Penalty
Tennessee·Title 6
(a)It is unlawful for any municipal official or employee to purchase from the municipality any property declared to be surplus by the municipality, except by bid at public auction during the tenure of such person's office or employment, or for six (6) months thereafter.
(b)A purchaser who violates this section commits a Class A misdemeanor.
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Tennessee § 6-54-125 (Municipal officials and employees prohibited from purchasing surplus property, except at public auction - Penalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1998, ch. 1043, § 3.
Nearby Sections
15
§ 6-1-101
Charter definitions§ 6-1-202
Election to adopt charter§ 6-1-205
Effect of vote§ 6-1-206
Certification to secretary of state§ 6-1-208
Succession to old corporation§ 6-1-209
Sample petition for adoption§ 6-1-210
General validation provision§ 6-1-301
Surrender of charter