2010 Tennessee Code
Title 5 - Counties
Chapter 3 - Consolidation of Counties
5-3-113 - Debt reorganization Definition of terms.

5-3-113. Debt reorganization Definition of terms.

As used in this section and §§ 5-3-114 5-3-121, the following words and terms have the following meanings:

     (1)  “Absorbed county” means any county or a part of any county that is absorbed by another county;

     (2)  “Absorbing county” means any county that absorbs any other county or portion of any county;

     (3)  “Funding bonds” means bonds issued to pay or to extend the time of payment of debts not evidenced by bonds;

     (4)  “Governing body” means the county legislative body of the “absorbing county”; and

     (5)  “Refunding bonds” means bonds issued to pay or to extend the time of payment of debts evidenced by bonds.

[Acts 1939, ch. 225, § 1; C. Supp. 1950, § 136.10 (Williams, § 136.12); impl. am. Acts 1978, ch. 934, §§ 7, 36; T.C.A. (orig. ed.), § 5-313.]