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24 chapters · 552 sections in this title.
Tenn. Code Ann. § 9-24-101 Short title
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This chapter is known and may be cited as the “Uniformity in Local Government Lease Financing Act of 2021.”
Tenn. Code Ann. § 9-24-102 Chapter definitions
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(1) As used in this chapter, unless the context otherwise requires:(1) “Exempt lease financing”:(A) Means a lease financing with a principal amount not exceeding one hundred thousand dollars ($100,000); and(B) Does not include a lease financing if the principal amount of that lea…
Tenn. Code Ann. § 9-24-103 Relationship to other laws
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This chapter does not expand the authority of any public entity to enter into any lease financing. The authority of any public entity, if any, to enter into a lease financing is derived from the powers of the public entity as set forth in other applicable laws. This chapter does …
Tenn. Code Ann. § 9-24-104 Terms applicable to lease financings
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(a) Public entities shall comply with the following requirements in connection with approving and entering into any lease financing that is not an exempt lease financing:(1) Prior to entering into a lease financing, a public entity shall obtain the approval of the comptroller of …
