Tenn. Code § 5-3-113

Current through Acts 2023-2024, ch. 1069
Section 5-3-113 - Debt reorganization - Definition of terms

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 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.

T.C.A. § 5-3-113

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.