Tennessee Code 7-60-214 – Exemption from bidding or restrictive requirements, and from antitrust laws

(a) Any requirement of competitive bidding or restriction imposed on the procedure for award of contracts for the sale or other disposition of public property is not applicable to any action taken under authority of this chapter.

Terms Used In Tennessee Code 7-60-214

Property: includes both personal and real property. See Tennessee Code 1-3-105
State: means the state of Tennessee. See Tennessee Code 7-60-103

(b) The transactions undertaken pursuant to this chapter shall not be subject to any antitrust law now or hereafter in effect in this state.

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Tennessee Code 7-60-214 – Exemption from bidding or restrictive requirements, and from antitrust laws

Terms Used In Tennessee Code 7-60-214

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