2017 Tennessee Code
Title 9 - Public Finances
Chapter 20 - Tennessee Allocation Plan for Private Activity Bonds
§ 9-20-102. Legislative purpose -- Reassignment of allocations.
- (a) The purpose of this chapter is to provide a procedure for allocating the state's private activity bond authority among governmental units in the state having the authority to issue bonds under the Tax Reform Act of 1986.
- (b) Allocations to local governments may be reassigned for issuance to all boards and authorities authorized to issue bonds on behalf of governmental units.
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