7-83-308 - Surplus revenue used for rate reduction. - Tennessee Statutes

7-83-308. Surplus revenue used for rate reduction.

After all proper charges against the revenues of a district have been made, any surplus remaining shall be devoted solely to the reduction of rates.

[Acts 1935 (E.S.), ch. 4, § 15; C. Supp. 1950, § 3708.61 (Williams, § 3708.64); T.C.A. (orig. ed.), § 6-2720.]