2010 Tennessee Code
Title 9 - Public Finances
Chapter 21 - Local Government Public Obligations Law
Part 11 - Health Care Revenue Anticipation Notes
9-21-1102 - Terms of health care revenue anticipation notes.
9-21-1102. Terms of health care revenue anticipation notes.
Health care revenue anticipation notes shall be sold at not less than par value plus accrued interest. Health care revenue anticipation notes may be sold in one (1) or more series, may bear such date or dates, may bear interest at such rate or rates, which may vary from time to time, may be payable at such time or times, may be in such denomination or denominations, may be in such form, either coupon or registered, may be payable at such place or places, may be executed in such manner, may be payable in such medium of payment, may be subject to such terms of redemption, without a premium, all as may be provided by resolution of the governing body of the local government. The notes shall mature no later than thirty (30) days from the date of issuance.
[Acts 2004, ch. 705, § 2.]
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