After all bonds of the authority and any payment obligations under any agreements entered into in connection with any such bonds are discharged and the authority is dissolved, its remaining assets must inure to the benefit of the state.
Tenn. Code Ann. § 54-8-113, under General Provisions.
Tenn. Code Ann. § 54-8-113
After all bonds of the authority and any payment obligations under any agreements entered into in connection with any such bonds are discharged and the authority is dissolved, its remaining assets must inure to the benefit of the state.