Tennessee § 9-5-103 Report on state lending programs and state credit support programs

Tennessee Statutes

§ 9-5-103 — Report on state lending programs and state credit support programs

Tennessee § 9-5-103

Title9

This text of Tennessee § 9-5-103 (Report on state lending programs and state credit support programs) 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. § 9-5-103 (2026).

Text

(a)(1) At the end of each fiscal year, the comptroller of the treasury shall report on all state lending programs and state credit support programs in a single document, including a cite to each individual lending program's statutory authority.

(2)The report must include:

(A)The total dollar amount of all lending in state lending programs and the total amount of all debt supported by state credit support programs, and the totals for each individual program; and (B) Reasonable estimates of the cost of likely defaults on all state lending programs and state credit support programs, using generally accepted accounting principles for credit losses, and the estimates for each individual program.

(b)(1) The comptroller of the treasury shall provide the report required under subsection (a) to

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(a) (1) At the end of each fiscal year, the comptroller of the treasury shall report on all state lending programs and state credit support programs in a single document, including a cite to each individual lending program's statutory authority. (2) The report must include: (A) The total dollar amount of all lending in state lending programs and the total amount of all debt supported by state credit support programs, and the totals for each individual program; and (B) Reasonable estimates of the cost of likely defaults on all state lending programs and state credit support programs, using generally accepted accounting principles for credit losses, and the estimates for each individual program. (b) (1) The comptroller of the treasury shall provide the report required under subsection (a) to: (A) Each member of the general assembly; and (B) The commissioner of finance and administration. (2) The report may be provided electronically.