Tennessee Code 9-20-104 – Preparation, distribution and contents of allocation plans

The commissioner shall, prior to January 1 of each year, prepare and distribute an allocation plan for bonds that meets the following goals:

(1) Provides equal access to the state bond authority for large cities, small towns and rural areas; and

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

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
Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105

(2) Provides the most benefit to the state from the bond authority available to it.

LawServer