Terms Used In Tennessee Code > Title 48 > Limited Liability Companies > Chapter 245 > Part 7 - Effective Date of Termination and Certificate

• Authority: means an authority created pursuant to this chapter. See Tennessee Code 7-36-102
• Bonds: means bonds, interim certificates, notes, debentures, lease-purchase agreements, and all other evidences of indebtedness either issued by or the payment of which has been assumed by the authority. See Tennessee Code 7-36-102
• LLC: means a limited liability company, organized under chapters 201-248 of this title. See Tennessee Code 48-202-101
• Month: means a calendar month. See Tennessee Code 1-3-105
• Municipal electric system: means the electric system division or department of the associated municipality. See Tennessee Code 7-36-102
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Secretary of state: means the person who holds the office of secretary of state of Tennessee. See Tennessee Code 48-202-101
• 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
• Termination: means the end of an LLC's existence as a legal entity and occurs when the articles of termination are filed with the secretary of state under §. See Tennessee Code 48-202-101
• United States: includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105