9-21-612 - Refunding of capital outlay notes. - Tennessee Statutes

9-21-612. Refunding of capital outlay notes.

Capital outlay notes issued pursuant to this part and general obligation bonds may be refunded by issuing capital outlay notes under this part, in accordance with the requirements and procedures set forth in this part and in §§ 9-21-903, 9-21-904, 9-21-910, 9-21-912, 9-21-913 and 9-21-914. The final maturity date of the refunding notes shall not be later than the final maturity date of the notes being refunded or the bonds being refunded, unless otherwise approved by the state director of local finance.

[Acts 1994, ch. 806, § 5; T.C.A., § 9-21-917; Acts 1996, ch. 632, § 1; 2005, ch. 393, § 9.]