Tennessee Code 7-34-107 – Deposit of revenues
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Terms Used In Tennessee Code 7-34-107
- Municipality: means any county or incorporated city or town of the state. See Tennessee Code 7-34-102
- Public works: means any one (1) or combination of two (2) or more of the following: water, sewerage, gas or electric heat, light or power works, plants and systems or parking facilities, together with all parts thereof and appurtenances thereto, including, but not limited to, supply and distribution systems, electrical power purchased from the Tennessee Valley authority or similar governmental agencies, on a current or long-term purchase basis, reservoirs, dams, sewage treatment and disposal works and generating plants. See Tennessee Code 7-34-102
All moneys of a municipality derived from a public works shall be deposited in one (1) or more banks or trust companies in a special account or accounts.