Further agreements and guarantees

Tenn. Code Ann. § 4-31-407, under Tennessee Local Development Authority Capital Projects Loan Act of 1990.

Tenn. Code Ann. § 4-31-407

The authority has the right to enter into such further agreements with a local government unit and require such further guarantees or securities as it may see fit prior to, or simultaneously with, the issuance of bonds or to refuse to issue bonds until such agreements or securities, in any form that the authority may elect, are agreed to or are obtained.