Tennessee Code 68-221-1203 – Part definitions
Current as of: 2023 | Check for updates
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Terms used in this part that are defined in §§ 68-221-703 and 68-221-1003 shall have the same meaning in this part. As used in this part, unless the context otherwise requires:
Terms Used In Tennessee Code 68-221-1203
- Fund: means the water system revolving loan fund. See Tennessee Code 68-221-1203
- Loan: means loans, loan guarantees, or a source of reserve and security for leveraged loans. See Tennessee Code 68-221-1203
- Security: means that which is determined by the authority to be acceptable to secure a loan to a water system under this part and includes, but is not limited to, dedicated or other revenues of the system, collateral, letters of credit, and surety bonds. See Tennessee Code 68-221-1203
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105