12 chapters · 337 sections in this title.
Tenn. Code Ann. § 12-2-302 Powers and duties of municipality
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(1) In order to provide projects for a municipality and to enable the construction and financing thereof on lands owned by the municipality or by a not-for-profit corporation, but for no other purpose unless authorized by law, a municipality has the following powers and duties:(1…
Tenn. Code Ann. § 12-2-303 Municipality's liability under lease — Actions by not-for-profit corporations as lessors
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The municipality shall be liable for accrued rentals and for any other default under any lease or sublease made under § 12-2-302(3), and may be sued therefor on contract as in other contract actions, except that it shall not be necessary for the not-for-profit corporation, as les…
Tenn. Code Ann. § 12-2-304 Municipality's obligations not within debt limitations
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The obligations assumed and undertaken by a municipality pursuant to a lease or sublease made under § 12-2-302(3), including any unconditional or other obligation to pay rentals for a fixed term or terms, shall not be deemed or construed as constituting a debt of the municipality…
Tenn. Code Ann. § 12-2-305 Provision in lease to convey title upon retirement of obligations
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Every lease and sublease made by a municipality with a not-for-profit corporation under § 12-2-302(3) shall include a provision requiring such not-for-profit corporation to transfer and convey all of its right, title and interest in and to the project covered thereby immediately …