Tenn. Code § 9-21-307

Current through Acts 2023-2024, ch. 1069
Section 9-21-307 - Revenue bonds of the same issue shall be equally and ratably secured

All revenue bonds of the same issue shall be equally and ratably secured, without priority by reason of number, date of bonds, date of sale, date of execution, or of delivery, by a lien upon the revenues of the public works project or projects, the revenues of which are pledged to the payment of such bonds, in accordance with this part and the resolution authorizing the issuance of the revenue bonds.

T.C.A. § 9-21-307

Acts 1986, ch. 770, § 3-7.