Tennessee Statutes

§ 7-87-107 — Powers of the authority

Tennessee·Title 7

An authority created pursuant to this chapter has all powers necessary to accomplish the purposes of this chapter, excluding the power to levy and collect taxes and special assessments, including, but not limited to, the following:

(1)Have perpetual succession, sue and be sued, and adopt a corporate seal;
(2)Plan, establish, acquire, construct, improve and operate one (1) or more ports within or without the municipality and within this state;
(3)Acquire real or personal property or any interest in real or personal property by gift, lease or purchase for any of the purposes provided in this chapter, and sell, lease, or otherwise dispose of such property;
(4)Enter into agreements with the municipality with respect to which such authority is created, acquire by lease, gift, purchase, or o

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Legislative History

Acts 1995, ch. 432, § 7.

Nearby Sections

15
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