Tennessee Code > Title 54 > Chapter 5 > Part 11 – Specific Service Signs
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Terms Used In Tennessee Code > Title 54 > Chapter 5 > Part 11 - Specific Service Signs
- Code: includes the Tennessee Code and all amendments and revisions to the code and all additions and supplements to the code. See Tennessee Code 1-3-105
- Commissioner: means the commissioner of transportation. See Tennessee Code 54-5-103
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the department of transportation. See Tennessee Code 54-5-103
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Highway: includes public bridges and may be held equivalent to the words "county way" "county road" or "state road". See Tennessee Code 1-3-105
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105