Each municipality and county of the state, acting by and through its governing body, is authorized to borrow money and to issue and sell bonds of such municipality or county pursuant to title 9, chapter 21 for the purpose of providing the funds necessary to carry out the purposes of §§ 58-4-206 — 58-4-208.
Borrowing power — Bonds
Tenn. Code Ann. § 58-4-208, under Veterans' Memorials.
Tenn. Code Ann. § 58-4-208