Except as otherwise authorized or provided by law, municipalities are hereby authorized to enter into long-term contracts for such period or duration as the municipality may determine for any purpose for which short-term contracts not extending beyond the term of the members of the governing body could be entered; provided, that § 7-51-902 shall govern the periods or terms of contracts, leases, and lease-purchase agreements with respect to capital improvement property.
Tenn. Code Ann. § 7-51-903
Long-term contracts
Applied in 1 court decision — leading case Mike Allmand v. Jon Pavletic (2009)
Most recently applied in Mike Allmand v. Jon Pavletic (August 2009)
Acts 1983, ch. 186, § 3.
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.