Tennessee Code 13-20-207 – Bonds for redevelopment projects – Security for public deposits and legal investments
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Terms Used In Tennessee Code 13-20-207
- Bonds: means any bonds, interim certificates, notes, debentures, or other obligations of the authority issued pursuant to this chapter. See Tennessee Code 13-20-102
- housing authority: means a public body and a body corporate and politic organized in accordance with this chapter for the purposes, with the powers, and subject to the restrictions, hereinafter set forth. See Tennessee Code 13-20-102
- redevelopment: as used in this part , except in this section and in the definition of "redevelopment project" in §. See Tennessee Code 13-20-212
Bonds or other obligations issued by a housing authority in connection with a redevelopment project pursuant to §§ 13-20-201 – 13-20-208 shall be security for public deposits and legal investments to the same extent and for the same persons, institutions, associations, corporations, and other bodies and officers as bonds or other obligations issued pursuant to this chapter, in connection with the development of slum clearance or housing projects.