Tennessee Code 9-21-903 – Plan of refunding to be submitted to the comptroller of the treasury or the comptroller’s designee – Publication of notice of refunding
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Terms Used In Tennessee Code 9-21-903
- Bonds: means bonds or interim certificates issued pending preparation or delivery of definitive bonds of a local government issued pursuant to this chapter. See Tennessee Code 9-21-105
- Governing body: means the legislative body of any local government of this state or any other authority charged with the governing of the affairs of any local government in this state. See Tennessee Code 9-21-105
- Local government: means any county, municipality or metropolitan government in this state. See Tennessee Code 9-21-105
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Refunding bonds: means bonds issued to refund all or any part of bonds, notes or other obligations, except notes issued in anticipation of bonds, heretofore or hereafter issued or lawfully assumed by a local government pursuant to this chapter, or any other provision of this code or any other general or special law. See Tennessee Code 9-21-105
- signed: includes a mark, the name being written near the mark and witnessed, or any other symbol or methodology executed or adopted by a party with intention to authenticate a writing or record, regardless of being witnessed. See Tennessee Code 1-3-105
- State: means the state of Tennessee. See Tennessee Code 9-21-105
NOTICE
The following report has been received from the comptroller of the treasury or the comptroller’s designee:
(full text of report)
Unless within ten (10) days from the date of publication hereof a petition signed by at least ten percent (10%) of the registered voters of the local government (or the portion thereof being taxed for the bonds) shall have been filed with the (official charged with maintaining the records of the issuer) protesting the issuance of the general obligation refunding bonds, such general obligation refunding bonds may be issued as the governing body deems advisable.