The authority has the right to enter into such further agreements with a municipality and require such further guarantees or securities as it may see fit prior to, or simultaneously with, the issuance of bonds, or to refuse to issue such bonds until such agreements or securities, in any form which the authority may elect, are agreed to or are obtained.
Tenn. Code Ann. § 68-221-507
Additional agreements or securities required for issuance of bonds
Acts 1974, ch. 671, § 7; T.C.A., § 53-2061; Acts 1989, ch. 233, § 30; T.C.A., § 68-13-507.
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.