Current through Acts 2023-2024, ch. 1069
Section 5-3-113 - Debt reorganization - Definition of termsAs 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 county;(3) "Funding bonds" means bonds issued to pay or to extend the time of payment of debts not evidenced by bonds;(4) "Governing body" means the county legislative body of the "absorbing county"; and(5) "Refunding bonds" means bonds issued to pay or to extend the time of payment of debts evidenced by bonds.Acts 1939, ch. 225, § 1; C. Supp. 1950, § 136.10 (Williams, § 136.12); impl. am. Acts 1978, ch. 934, §§ 7, 36; T.C.A. (orig. ed.), § 5-313.