(a) The certificate of incorporation shall set forth:

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Terms Used In Tennessee Code 12-10-105

  • Governing body: means the body in which the general legislative powers of a municipal corporation are vested, and in the case of counties means the legislative body of the respective counties. See Tennessee Code 12-10-103
  • Municipality: means any county, incorporated city or town or utility district in this state with respect to which an authority may be organized. See Tennessee Code 12-10-103
  • public building authority: means any public corporation organized pursuant to this chapter. See Tennessee Code 12-10-103
  • 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
(1) The names and residences of the applicants together with a recital that each of them is an elector of the county or of the incorporated city or town or is a customer of the utility district.
(2) The name of the authority which shall be public building authority of the ______________ of ______________ (the blanks to be filled in with the name of the municipality);
(3) A recital that permission to organize the authority has been granted by resolution duly adopted by the governing body of the municipality and the date of the adoption of such resolution;
(4) The location of the principal office of the authority;
(5) The purposes for which the authority is proposed to be organized;
(6) The number of directors of the authority;
(7) The period, which may be perpetual, for the duration of the authority; and
(8) Any other matter which the applicants may choose to insert therein which shall not be inconsistent with this chapter or with the laws of this state.
(b) The certificate of incorporation shall be subscribed and acknowledged by each of the applicants before an officer authorized by the laws of Tennessee to take acknowledgments to deeds.
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