64-1-212 - County participation Withdrawal. - Tennessee Statutes

64-1-212. County participation Withdrawal.

(a)  The provisions of this part apply to Shelby and Tipton counties for the purpose of implementing the programs established in this part, and any or all of these counties are hereby expressly authorized by the general assembly to participate in the programs established. However, prior to participation in such programs, the county legislative bodies of Shelby and Tipton counties shall express their desire to participate in the programs, by means of a resolution to that effect, passed by each or all of the respective local legislative bodies of the counties involved.

(b)  Any county to which this part applies that has elected or elects to participate in the programs authorized by this part may withdraw from participation , in the programs, by resolution to that effect adopted by a two-thirds (2/3) vote of the county legislative body of such county. However, such withdrawal shall not relieve such county of any of its then existing obligation on account of bonds or other evidence of indebtedness incurred by such county on account of its participation in the programs of the authority, and such obligation shall continue until discharged by the county.

[Acts 1973, ch. 409, § 11; 1976, ch. 847, §§ 2, 5; impl. am. Acts 1978, ch. 934, §§ 7, 36; T.C.A., § 66-1-211.]