Tennessee Code 10-3-105 – Borrowing money to acquire library buildings and equipment
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Tennessee Code 10-3-105
- Property: includes both personal and real property. See Tennessee Code 1-3-105
A county legislative body and/or city governing body has power to borrow money for the purchase of realty and the erection or purchase of suitable buildings for the library and its branches, and for their equipment. The title to such property may be vested in trust in the library board and its successors, which shall be responsible for disbursing bond proceeds as provided in § 10-3-106.