Tennessee § 7-51-901 Part definitions

Tennessee Statutes

§ 7-51-901 — Part definitions

Tennessee § 7-51-901

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This text of Tennessee § 7-51-901 (Part definitions) 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. § 7-51-901 (2026).

Text

Whenever used in this part, unless the context otherwise requires:

(1)"Capital improvement property" means any real or tangible property needed for a governmental purpose and having a useful life of one (1) year or more, and any real or tangible personal property with respect to which capital outlay notes can be legally authorized and issued by a municipality;

(2)"Contracting party" means any party to a contract, lease or lease-purchase agreement other than a municipality, and can include individuals, corporations, partnerships, other government agencies, and other business entities;

(3)"Governing body" means the board or body in which the general legislative powers of the municipality are vested;

(4)"Municipality" means any county or incorporated city or town of the state of Tennessee

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Whenever used in this part, unless the context otherwise requires: (1) "Capital improvement property" means any real or tangible property needed for a governmental purpose and having a useful life of one (1) year or more, and any real or tangible personal property with respect to which capital outlay notes can be legally authorized and issued by a municipality; (2) "Contracting party" means any party to a contract, lease or lease-purchase agreement other than a municipality, and can include individuals, corporations, partnerships, other government agencies, and other business entities; (3) "Governing body" means the board or body in which the general legislative powers of the municipality are vested; (4) "Municipality" means any county or incorporated city or town of the state of Tennessee; (5) "Notice of meeting" means the notice of meeting referred to in this part; and (6) "Resolution" means any resolution duly adopted by a governing body pursuant to this part.