Tennessee § 9-21-307 Revenue bonds of the same issue shall be equally and ratably secured

Tennessee Statutes

§ 9-21-307 — Revenue bonds of the same issue shall be equally and ratably secured

Tennessee § 9-21-307

Title9

This text of Tennessee § 9-21-307 (Revenue bonds of the same issue shall be equally and ratably secured) 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. § 9-21-307 (2026).

Text

All revenue bonds of the same issue shall be equally and ratably secured, without priority by reason of number, date of bonds, date of sale, date of execution, or of delivery, by a lien upon the revenues of the public works project or projects, the revenues of which are pledged to the payment of such bonds, in accordance with this part and the resolution authorizing the issuance of the revenue bonds.

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All revenue bonds of the same issue shall be equally and ratably secured, without priority by reason of number, date of bonds, date of sale, date of execution, or of delivery, by a lien upon the revenues of the public works project or projects, the revenues of which are pledged to the payment of such bonds, in accordance with this part and the resolution authorizing the issuance of the revenue bonds.