There is exempt from the tax imposed by this chapter the sums paid or property or services contributed by any person to any municipal or county utility, electric cooperative or electric membership corporation, by any person who is required as a condition for utility service to make such payment as a contribution in aid of capital construction to the municipal or county utility, electric membership corporation or electric cooperative.
Tenn. Code Ann. § 67-6-332
Utilities, electric cooperatives and electric membership corporations
Known as the Retailers' Sales Tax Act
The act spans §§ 67–67 (222 sections).
Acts 1985, ch. 399, § 1.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.