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§ 4-31-108. Program Loans — Comptroller’s Certification — Handling of Funds

The comptroller of the treasury shall file a certificate with the authority setting forth with respect to each local government unit that will receive a program loan: The name of such local government unit; The amount of such program loan; That the loan program agreement pursuant to which the program loan to be made is […]

§ 4-31-109. Bonds and Notes — Issuance to Fund Pollution Control Facilities

For the purpose of providing moneys to assist small business concerns in financing pollution control facilities, the authority, in addition to the powers otherwise granted by law, has the power and is hereby authorized to issue from time to time negotiable bonds and notes of the authority in such principal amounts as may from time […]

§ 4-31-110. Bonds and Notes Issued Under § 4-31-109 — Limitations

Prior to the issuance of bonds or notes pursuant to § 4-31-109, the industrial development authority shall file with the authority a certificate to the effect that the pollution control facilities to be financed from the proceeds of such bonds or notes constitute pollution control facilities as defined in this chapter, and that assisting the […]

§ 4-31-111. Bonds and Notes — Holders’ Rights Preserved

The state does hereby covenant and agree with the holders of any bonds or notes issued under this chapter, that the state will not limit or alter the rights hereby vested in the authority to fulfill the terms of any agreements made with the holders thereof, or in any way impair the rights and remedies […]

§ 4-31-112. Bonds and Notes — Negotiable Instruments

Whether or not the bonds or notes issued under this chapter are of such form and character as to be negotiable instruments under the negotiable instruments law, title 47, chapter 3, such bonds or notes shall be and hereby are made negotiable instruments within the meaning of and for all the purposes of the negotiable […]

§ 4-31-113. Bonds and Notes — Tax Exemption

The state covenants with the purchasers and all subsequent holders and transferees of bonds and notes issued by the authority pursuant to this chapter, in consideration of the acceptance of and payment therefor, the bonds and notes of the authority issued pursuant to this chapter, and the income therefrom, and all moneys received or to […]

§ 4-31-102. Chapter Definitions

As used in this chapter, unless the context otherwise requires: “Agricultural development loan program” means the authority’s program of providing loans to lenders or purchasing loans from lenders for the purpose of making funds available for the financing of agricultural enterprises; “Agricultural enterprise” means the acquisition, reconstruction or improvement of land or buildings or other […]

§ 4-31-103. Authority Created — Organization and Administration

There is hereby created a body, politic and corporate, to be known as the “Tennessee local development authority.” The authority shall be a public agency and an instrumentality of the state and shall be deemed to be acting in all respects for the benefit of the people of the state in the performance of essential […]

§ 4-29-246. Governmental Entities Terminated on June 30, 2025

The following governmental entities shall terminate on June 30, 2025: Advisory committee for children’s special services, created by § 68-12-106; Air pollution control board, created by § 68-201-104; Board of alcohol and drug abuse counselors, created by § 68-24-601; Board of claims, created by § 9-8-101; Board of ground water management, created by § 69-10-107; […]

§ 4-29-247. Governmental Entities Terminated on June 30, 2026

The following governmental entities shall terminate on June 30, 2026: Board of examiners for architects and engineers, created by § 62-2-201; Board of social work licensure, created by § 63-23-101; Collateral pool board, created by § 9-4-506; Committee for clinical perfusionists, created by § 63-28-112; Integrated criminal justice steering committee, created by § 16-3-815; Interstate […]