Tennessee § 9-21-606 Refunding of capital outlay notes with general obligation refunding bonds or public building authority loans

Tennessee Statutes

§ 9-21-606 — Refunding of capital outlay notes with general obligation refunding bonds or public building authority loans

Tennessee § 9-21-606

Title9

This text of Tennessee § 9-21-606 (Refunding of capital outlay notes with general obligation refunding bonds or public building authority loans) 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. § 9-21-606 (2026).

Text

Capital outlay notes may be refunded with general obligation refunding bonds as provided in part 9 of this chapter or with public building authority loans as provided in title 12, chapter 10; provided, however, that if the final maturity of the refunding bonds or public building authority loans exceeds the final maturity of the capital outlay notes being refunded, then an initial resolution authorizing general obligation refunding bonds or public building authority loans must be adopted in conformance with § 9-21-205 or § 12-10-116 , and must conform to § 9-21-206 , requiring publication of the resolution and the notice required by that section, as applicable. Sections 9-21-207 and 9-21-209 - 9-21-212, governing election requirements and procedures, and § 9-21-215 , governing the adoption 

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Capital outlay notes may be refunded with general obligation refunding bonds as provided in part 9 of this chapter or with public building authority loans as provided in title 12, chapter 10; provided, however, that if the final maturity of the refunding bonds or public building authority loans exceeds the final maturity of the capital outlay notes being refunded, then an initial resolution authorizing general obligation refunding bonds or public building authority loans must be adopted in conformance with § 9-21-205 or § 12-10-116 , and must conform to § 9-21-206 , requiring publication of the resolution and the notice required by that section, as applicable. Sections 9-21-207 and 9-21-209 - 9-21-212, governing election requirements and procedures, and § 9-21-215 , governing the adoption of a tax resolution by the governing body of the local government, also apply.

Legislative History

Amended by 2022 Tenn. Acts, ch. 822, s 3, eff. 4/14/2022. Amended by 2021 Tenn. Acts, ch. 128, s 15, eff. 4/13/2021. Acts 1986, ch. 770, § 6-6; 2010 , ch. 868, § 55.