Tennessee Statutes

§ 7-88-116 — Involvement of minority-owned business

Tennessee § 7-88-116

This text of Tennessee § 7-88-116 (Involvement of minority-owned business) 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. § 7-88-116 (2026).

Text

(a)For the purposes of this section, unless the context otherwise requires:
(1)"Covered qualified public use facility" means a qualified public use facility that elects to qualify as a qualified public use facility under § 7-88-103(7)(A)(ii) or (7)(A)(iii) . "Covered qualified public use facility" also means a qualified public use facility created after January 1, 2007, in any county that does not have a metropolitan form of government;
(2)"Local government" means a municipality that creates a tourism development zone for the benefit of a covered qualified public use facility;
(3)"Minority-owned business" means a business that is solely owned, or at least fifty-one percent (51%) of the assets or outstanding stock of which is owned, by an individual who personally manages and controls t

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Legislative History

Amended by 2020 Tenn. Acts, ch. 711, s 3, eff. 6/15/2020. Amended by 2013 Tenn. Acts, ch. 236, s 66, eff. 4/19/2013. Acts 2007 , ch. 524, § 6; 2007 , ch. 593, §§ 6, 7

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Bluebook (online)
Tennessee § 7-88-116, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/7-88-116.