Title 5, Counties

(a) If the result of the election shall show that a constitutional majority of the votes cast, namely two thirds (⅔) or more of the qualified voters in the petitioning county, were in favor of the plan for consolidation, it is declared that the petitioning county shall be, and it…

Immediately upon the effective date of the consolidation of the petitioning county, all county offices of the county shall be and stand abolished, and it shall be the duty of the several county officers in the county to surrender their offices, books, records, funds and other pro…

(a) In the event of a favorable vote under § 5-3-104, the constitutional and other elective officers of the petitioning county, as provided by law, shall continue to serve out their existing terms of office and shall receive full compensation therefor; provided, that such compens…

(a) All magisterial or civil districts shall become a part of the absorbing county or counties, as set forth in the consolidation plan. (b) (1) In the event the combined number of magisterial or civil districts in any absorbing county exceeds the constitutional limitation, namely…

In the event of a favorable vote under § 5-3-104, the indebtedness of the petitioning county shall be and become the obligation of and against the absorbing county or counties, subject to limitations as set forth in any legislation hereinafter enacted and as set forth in the cons…

The records, papers, files, etc., in the chancery court, circuit court and court of general sessions of the petitioning county shall be, by the respective clerks of such courts, turned over to the clerks of the respective courts of the absorbing county or counties, as set forth i…

(a) From and after the effective date of consolidation, the qualified voters of the petitioning county or any portion thereof shall vote in any general or special election with the voters of the county absorbing the petitioning county or portion thereof. (b) The general assembly,…

(1) As used in §§ 5-3-113 — 5-3-121, the following words and terms have the following meanings:(1) “Absorbed county” means any county or a part of any county that is absorbed by another county;(2) “Absorbing county” means any county that absorbs any other county or portion of any…

(a) The governing body is authorized and empowered to prepare a plan of debt reorganization, which may include the bonded or floating indebtedness of the absorbing county, together with any bonded or floating indebtedness of any absorbed county, within ninety (90) days after a co…

All bonds issued under §§ 5-3-113 — 5-3-121 shall be issued according to any other public or private act relating to the absorbing county; provided, that those acts are not in conflict with §§ 5-3-113 — 5-3-121.

According to the debt reorganization plan, approved by the state consolidation committee, the governing body shall by resolution determine the rate or rates of interest to be paid on the bonds, not exceeding six percent (6%) per annum, and the time or times of payment of such int…

(a) The governing body shall also by resolution determine the form of the bonds, the officers by whom they shall be executed and the place or places in Tennessee or in any other state at which the principal and interest shall be payable. In case any of the officers whose signatur…

(a) The governing body may sell any or all of the bonds authorized under §§ 5-3-113 — 5-3-121 in such manner and for such price as it may determine to be for the best interests of the unit, but no such sale shall be made at a price so low as to require the payment of interest on …

(a) All bonds issued under §§ 5-3-113 — 5-3-121 shall be direct and general obligations of the unit issuing the same, for the payment of which the full faith and credit of the unit shall be irrevocably pledged. (b) (1) In each fiscal year while any funding or refunding bonds issu…

No bonds issued under the authority of §§ 5-3-113 — 5-3-121 shall be subject to taxation by this state or by any county or municipality thereof, and such bonds shall so state on the face thereof.

(a) Any floating indebtedness or bonded indebtedness of an absorbed county, not funded or refunded under §§ 5-3-113 — 5-3-121, shall be paid out of a tax levied against the property of the absorbed county. (b) This tax levy shall be such proportion of the tax levy, levied by the …

(a) The state funding board is authorized to issue at one (1) time or from time to time bonds of the state in an amount not to exceed one million dollars ($1,000,000). (b) These bonds shall be issued under the authority of title 9, chapter 9, according to the conditions and limit…

(a) The proceeds derived from the sale of bonds issued under the authority of §§ 5-3-122 — 5-3-125 shall be deposited in a special fund to be used by the state consolidation committee for use as described in subsection (b). (b) (1) Within sixty (60) days after an entire county ha…

Any money granted by the state consolidation committee to any county or counties shall be used by the counties in the payment of the outstanding indebtedness of the county receiving the grant, and this grant shall have as its purpose the equalization of the burden of bonded indeb…

(a) All state moneys now being distributed to both the absorbed and absorbing county or counties shall continue to be distributed to the absorbing county or counties after consolidation on a pro rata basis according to the plan of consolidation approved by the state consolidation…