Tennessee § 64-1-508 Authority to contribute money and issue bonds

Tennessee Statutes

§ 64-1-508 — Authority to contribute money and issue bonds

Tennessee § 64-1-508

Title64

This text of Tennessee § 64-1-508 (Authority to contribute money and issue 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. § 64-1-508 (2026).

Text

The various counties, towns and incorporated municipalities in the region are hereby authorized and empowered to:

(1)Contribute to the work of the agency any amount or amounts of money that their respective governing bodies, acting in their sole discretion, approve to be paid from the general fund of the respective county or city. County legislative bodies and governing bodies of the cities or towns are empowered to levy and collect ad valorem taxes for purposes that are hereby declared to be for municipal and county public purposes; and (2) Issue their bonds as provided in title 9, chapter 21 to obtain funds for the financing of projects undertaken by the agency or to secure advances made by federal agencies for the construction of projects in the region pursuant to agreements with the a

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The various counties, towns and incorporated municipalities in the region are hereby authorized and empowered to: (1) Contribute to the work of the agency any amount or amounts of money that their respective governing bodies, acting in their sole discretion, approve to be paid from the general fund of the respective county or city. County legislative bodies and governing bodies of the cities or towns are empowered to levy and collect ad valorem taxes for purposes that are hereby declared to be for municipal and county public purposes; and (2) Issue their bonds as provided in title 9, chapter 21 to obtain funds for the financing of projects undertaken by the agency or to secure advances made by federal agencies for the construction of projects in the region pursuant to agreements with the agency.

Legislative History

Amended by 2020 Tenn. Acts, ch. 664, s 9, eff. 4/2/2020. Acts 1968, ch. 460, § 8; impl. am. Acts 1978, ch. 934, §§ 7, 36; T.C.A., § 66-1-508; Acts 1989, ch. 403, § 4.