68-221-507 - Additional agreements or securities required for issuance of bonds. - Tennessee Statutes

68-221-507. Additional agreements or securities required for issuance of bonds.

The authority has the right to enter into such further agreements with a municipality and require such further guarantees or securities as it may see fit prior to, or simultaneously with, the issuance of bonds, or to refuse to issue such bonds until such agreements or securities, in any form which the authority may elect, are agreed to or are obtained.

[Acts 1974, ch. 671, § 7; T.C.A., § 53-2061; Acts 1989, ch. 233, § 30; T.C.A., § 68-13-507.]