§ 9-9-405. Redemption of Citizens Bonds
Whenever the state treasurer is authorized pursuant to § 9-9-401 to sell citizens bonds, the state treasurer is also specifically authorized to redeem those citizens bonds, whenever under the terms of the bond sale they are lawfully presented to the state treasurer, from funds available to the state treasurer and be reimbursed for such redemptions […]
§ 9-9-205. Sale of Bonds — Appropriation of Funds in Lieu of Sale of Bonds
Any and all bonds issued by the funding board shall be sold in such manner and at such times as may be approved by the funding board. If there are unappropriated funds in the general fund, highway fund or state debt service fund of the state sufficient to defray the cost of the betterments, improvements, […]
§ 9-9-113. Bond Term Not to Exceed Lifetime of Item Financed — Tax Exempt Status
No funds obtained through the sales of any bonds or notes of the state of Tennessee as provided for by this chapter shall be used to purchase or otherwise obtain any equipment, goods, or services, unless the equipment, goods, or services shall have a reasonably anticipated lifetime of use equal to or greater than the […]
§ 9-9-114. Records of State Obligations Payments
The secretary of the funding board shall keep, or cause to be kept, appropriate records concerning the payment of obligations of the state issued under this chapter, including information regarding items redeemed.
§ 9-9-115. Destruction of Paid or Cancelled Bonds by Paying Agent
The state of Tennessee, acting by resolution of the state funding board, may authorize and direct the paying agent for its bonds, notes and coupons, or other person in possession of its bonds, notes and coupons, to destroy all bonds, notes and coupons duly paid and cancelled. Such bonds, notes and coupons duly paid and […]
§ 9-9-116. Technical Advice — Expenses of Carrying Out Chapter
The state funding board is hereby authorized to procure such legal and technical advice, approving opinions and such financial assistance as it may consider necessary in connection with the carrying into effect of this chapter, and is also authorized to pay all necessary expenses, including costs of advertisement, printing bonds, certificates and coupons, publication of […]
§ 9-9-117. State Immunity Preserved
Nothing in this chapter shall be construed as either waiving the immunity of the state of Tennessee from suit or as extending its consent to be sued, notwithstanding any other portion or portions of this chapter to the contrary.
§ 9-9-118. Authority to Establish Guidelines, Rules and Regulations
The state funding board is authorized to establish guidelines, rules or regulations with respect to certain agreements and contracts facilitating the issuance and sale of debt by governmental entities established by private act, including contracts or agreements providing for liquidity and credit enhancement and reimbursement agreements relating thereto, interest rate swap or exchange agreements, agreements […]
§ 9-9-201. Obligations Subject to Funding
All general obligation bonds already issued or which may hereafter be issued by the state of Tennessee shall be subject to financing, refinancing and retirement under this chapter.
§ 9-9-202. Authorization to Issue Bonds — Purposes, Contents, Form, Redemption of Bonds — Interest Rate Agreements — Jurisdiction
For the purpose of effectuating this chapter, the funding board is hereby authorized to issue bonds of the state of Tennessee in amounts and for purposes heretofore or hereafter authorized by the general assembly. Each issue of bonds may be for one (1) or more purposes, irrespective whether the purposes have been provided for by […]