Tennessee Statutes
§ 64-2-403 — Powers
Tennessee·Title 64
(a)Within the region of the authority, it may acquire, construct, operate, maintain and dispose of railroad facilities, properties and equipment and may, in addition to continuing the above-mentioned railroad service, provide any other rail service in the region as it is needed and feasible.
(b)The acquisition, construction, operation and maintenance of such properties and facilities are hereby declared to be public and governmental functions. The powers granted in this section, in connection therewith, are declared to be public and corporate purposes and matters of public necessity.
(c)The authority may use any property, right-of-way, easement or other similar property right necessary or convenient in connection with the acquisition, improvement, operation or maintenance of the facilit
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Legislative History
Acts 1983, ch. 302, §§ 1, 2, 12.
Nearby Sections
15
§ 64-1-101
Legislative findings - Authority creation - Board of directors - Chair - Meetings - Employees§ 64-1-1101
Creation - Purpose§ 64-1-1102
Board of directors§ 64-1-1103
Powers and duties§ 64-1-1104
Financing§ 64-1-1105
Annual reports§ 64-1-1106
Preexisting and independent projects§ 64-1-1108
Cooperation from state agencies§ 64-1-1109
Election to participate§ 64-1-1110
Budgetary limitations