(a) The charter shall set forth:

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Tennessee Code 7-67-105

  • Governing body: means the body in which the general legislative powers of a municipality are vested, and in the case of counties means the legislative body of any county. See Tennessee Code 7-67-103
  • Municipality: means any county, metropolitan government or incorporated city or town in this state with respect to which an authority may be organized. See Tennessee Code 7-67-103
  • sports authority: means any public corporation organized pursuant to this chapter. See Tennessee Code 7-67-103
  • State: means the state of Tennessee and, unless otherwise indicated by the context, any agency, authority, branch, bureau, commission, corporation, department or instrumentality of the state, now or hereafter existing. See Tennessee Code 7-67-103
(1) The names and residences of the applicants, together with a recital that each of them is a voter in the municipality;
(2) The name of the authority, which shall be the sports authority of the city, or county, of ______________, where the blank is to be filled in with the name of the city or county, if such name is available for use by the authority, and if not available, then the incorporators shall designate some other similar name that is available;
(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;
(8) A provision addressing conflicts of interest of members of the boards of directors of the sports authority; and
(9) Any other matter that the applicants may choose to insert in the charter that is not inconsistent with this chapter or with the laws of the state.
(b) The charter shall be subscribed and acknowledged by each of the applicants.