7-35-420 - Borrowing and bonds authorized. - Tennessee Statutes

7-35-420. Borrowing and bonds authorized.

For the purpose of defraying the cost of acquiring a waterworks or sewerage system or any extensions to the waterworks or sewage system either by purchase or construction, or both, any municipal corporation may borrow money and issue its bonds and notes pursuant to title 9, chapter 21.

[Acts 1933, ch. 68, § 3; C. Supp. 1950, § 3695.3; Acts 1969, ch. 284, § 2; T.C.A. (orig. ed.), § 6-1427; Acts 1988, ch. 750, § 21.]