Execution of amendatory contracts

Tenn. Code Ann. § 7-52-305, under Municipal Electric System Tax Equivalent Law of 1987.

Tenn. Code Ann. § 7-52-305

If the Tennessee valley authority tenders to a municipality, as described in this part, a contract to amend an existing power contract consistent with this part, the governing body of the municipality and the supervisory body shall promptly execute such amendatory contract on behalf of the municipality.