Tennessee Statutes
§ 65-7-101 — Power of locality to become stockholder
Tennessee·Title 65
Any county, incorporated city, or town may become a stockholder in any railroad company incorporated under the general laws of this state, to an amount not exceeding, in the aggregate, one-tenth ( 1 / 10 ) of its taxable property, by complying with the requirements of this chapter.
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Legislative History
Acts 1887, ch. 3, § 1; Shan., § 1558; Code 1932, § 2612; T.C.A. (orig. ed.), § 65-701.
Nearby Sections
15
§ 65-1-102
Commissioners - Prohibited activities§ 65-1-103
Meetings§ 65-1-104
Quorum - Chair and vice chair - Panels§ 65-1-105
Compensation - Expenses§ 65-1-107
§ 65-1-107§ 65-1-108
Office - Furniture and supplies§ 65-1-109
Executive director§ 65-1-110
Minutes and official documents§ 65-1-111
Report to general assembly§ 65-1-112
Copies of records§ 65-1-113
Enforcement - Duties of commission