Tennessee § 13-23-126 - Authority to accept funds.
Full text of Tennessee Tennessee Code Annotated § 13-23-126 — Authority to accept funds., with citation guidance and answers to common questions.
§ 13-23-126. Authority to accept funds.
The agency is authorized to accept such moneys as may be appropriated from time to time by the general assembly for effectuating its corporate purposes including, without limitation, the payment of the initial expenses of administration and operation and the establishment of a reserve or contingency fund to be available for the payment of the principal of and the interest on any bonds or notes of the agency. The agency is authorized to accept funds from any other legal and appropriate source for effectuating its corporate purposes. Acts 1973, ch. 241, § 16; T.C.A., § 13-2326; Acts 1988, ch. 900, § 8.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 13-23-126
What does Tennessee Code Annotated § 13-23-126 cover?
Section 13-23-126 ("Authority to accept funds.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 13-23-126?
A common citation format is "Tennessee Code Annotated § 13-23-126" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 13-23-126 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.