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54 chapters · 1,257 sections in this title.
Tenn. Code Ann. § 7-53-101 Chapter definitions
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(1) As used in this chapter, unless the context otherwise requires:(1) “Applicable ad valorem taxes” means any ad valorem taxes that, but for ownership of a project by a corporation, would have been due and payable pursuant to §§ 67-5-102 and 67-5-103;(2) “Bonds” means bonds, not…
Tenn. Code Ann. § 7-53-102 Purposes of chapter — Construction
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(a) It is the intent of the general assembly by the passage of this chapter to authorize the incorporation in the several municipalities in this state of public corporations to finance, acquire, own, lease, or dispose of properties, to the end that such corporations may be able t…
Tenn. Code Ann. § 7-53-103 Dissolution — Disposition of property
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(a) If necessary or convenient to carry out the purposes and provisions of this chapter, the board of directors of the corporation may initiate a merger with another corporation in the manner provided for public benefit corporations pursuant to title 48, chapter 61. (b) Whenever …
Tenn. Code Ann. § 7-53-104 Corporations acting jointly
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(a) The authorities and powers conferred in this chapter upon corporations created under this chapter may be exercised by two (2) or more such corporations acting jointly. (b) Two (2) or more municipalities may, by acting jointly, incorporate a public corporation to effectuate th…
