44-19-118 - Change or termination of assessment Petition Referendum. - Tennessee Statutes

44-19-118. Change or termination of assessment Petition Referendum.

Upon written petition duly signed by fifteen percent (15%) of the producers affected by the assessment, the commissioner shall, in accordance with the procedure established  in §§ 44-19-109 44-19-112, conduct a referendum to determine whether the producers assent to a change of the assessment or to terminate the assessment. The producers shall be deemed to have assented to a change of the assessment or termination of assessment if a majority of those voting vote in favor of the change or termination.

[Acts 1984, ch. 948, § 18.]