Tennessee Code 6-22-129 – Emergency expenditures
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 6-22-129
- Board: means the mayor and the aldermen. See Tennessee Code 6-1-101
- City: means any city or territory to be incorporated that may adopt chapters 30-36 of this title. See Tennessee Code 6-30-102
- Contract: A legal written agreement that becomes binding when signed.
- Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105
No contract liability shall be incurred without previous authority of law or ordinance, but the board of commissioners may, by ordinance, empower the proper officials to pay out money or incur contract liability for the city for the necessary preservation of the city’s credit, or in other extreme emergency, under such restrictions as may be provided in the ordinance; provided, that any such liability shall mature not later than one (1) year from the date of its incurrence.