There is a newer version of the Tennessee Code
2010 Tennessee Code
Title 5 - Counties
Chapter 3 - Consolidation of Counties
5-3-120 - Debt reorganization Bonds tax exempt.
5-3-120. Debt reorganization Bonds tax exempt.
No bonds issued under the authority of §§ 5-3-113 5-3-121 shall be subject to taxation by this state or by any county or municipality thereof, and such bonds shall so state on the face thereof.
[Acts 1939, ch. 225, § 7; C. Supp. 1950, § 136.16 (Williams, § 136.18); T.C.A. (orig. ed.), § 5-320.]
Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
