Tennessee Code 54-2-106 – Short-term notes – Issuance in anticipation of collections to start construction of any project
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Terms Used In Tennessee Code 54-2-106
- Commissioner: means the commissioner of transportation. See Tennessee Code 54-5-103
- Department: means the department of transportation. See Tennessee Code 54-5-103
- 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
- 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
The commissioner of finance and administration and state treasurer shall anticipate the collection of highway funds, and issue short-term notes when requested by the department of transportation, to start the construction or reconstruction of any project that has been accepted by an officer or agency of the federal government, as provided in any act of congress granting funds for the construction of roads, and as provided in this chapter and chapters 1 and 5 of this title.