§ 9-9-101 State funding board
§ 9-9-102 Maintenance of records on the condition of all debt obligations and payments
§ 9-9-103 Debt service payments
§ 9-9-104 Pledge of revenues – Covenants for protection of bondholders
§ 9-9-105 Bonds constitute direct state obligations – Debt obligations constitute a charge and lien – Satisfaction of debt service coverage test
§ 9-9-106 Certification of amount necessary for payment of debt obligations
§ 9-9-107 Payments by state funding board
§ 9-9-108 State funding board’s authority to deposit or transfer funds
§ 9-9-109 Custodian for securities
§ 9-9-110 Investment of cash not immediately required
§ 9-9-111 Vested rights of holders of debt obligations
§ 9-9-112 Exemption from taxes
§ 9-9-113 Bond term not to exceed lifetime of item financed – Tax exempt status
§ 9-9-114 Records of state obligations payments
§ 9-9-115 Destruction of paid or cancelled bonds by paying agent
§ 9-9-116 Technical advice – Expenses of carrying out chapter
§ 9-9-117 State immunity preserved
§ 9-9-118 Authority to establish guidelines, rules and regulations
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Terms Used In Tennessee Code > Title 9 > Chapter 9 > Part 1 - General Provisions

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Code: includes the Tennessee Code and all amendments and revisions to the code and all additions and supplements to the code. See Tennessee Code 1-3-105
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Highway: includes public bridges and may be held equivalent to the words "county way" "county road" or "state road". See Tennessee Code 1-3-105
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Quorum: The number of legislators that must be present to do business.
  • 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
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105