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Terms Used In Tennessee Code 7-57-202

  • Board: means the board of trustees of an authority. See Tennessee Code 7-57-103
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in a perceivable form. See Tennessee Code 1-3-105
  • Resolution: means any resolution adopted by governing bodies pursuant to this chapter. See Tennessee Code 7-57-103
  • State: means the state of Tennessee. See Tennessee Code 7-57-103

An authority created and existing pursuant to this chapter may, at any time, by resolution adopted by a majority of its board of trustees, change its name. A copy of such resolution, duly verified by the chair and secretary of the board of trustees before an officer authorized by the laws of this state to administer oaths, shall be delivered to the secretary of state, together with a conformed copy of the resolution. If the secretary of state determines that the proposed name is not identical with that of any other corporation of this state, or so nearly similar as to lead to confusion and uncertainty, the secretary of state shall receive and file it and record it in an appropriate book of record in the secretary of state’s office, and thereupon return to the authority the conformed copy, together with a certificate stating that attached to the certificate is a true copy of the document filed in the secretary of state’s office and showing the date of such filing.