There is a newer version of the Tennessee Code
2010 Tennessee Code
Title 49 - Education
Chapter 3 - Finances
Part 11 - Educational Institutions Law of 1943
49-3-1106 - State approval for bond issuance.
49-3-1106. State approval for bond issuance.
Notwithstanding any other law, neither the board nor any institution that is authorized under this part to borrow money, issue bonds or notes or obtain loans shall do so without first securing the approval of the state school bond authority.
[Acts 1943, ch. 135, § 9; C. Supp. 1950, § 2316.9 (Williams, § 2316.21); Acts 1979, ch. 116, § 9; T.C.A. (orig. ed.), § 49-3506.]
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