Tennessee § 5-3-124 - State consolidation grants — Use and purpose.
Full text of Tennessee Tennessee Code Annotated § 5-3-124 — State consolidation grants — Use and purpose., with citation guidance and answers to common questions.
§ 5-3-124. State consolidation grants — Use and purpose.
Any money granted by the state consolidation committee to any county or counties shall be used by the counties in the payment of the outstanding indebtedness of the county receiving the grant, and this grant shall have as its purpose the equalization of the burden of bonded indebtedness between the counties being absorbed and absorbing. Acts 1939, ch. 226, § 3; C. Supp. 1950, § 136.20 (Williams, § 136.23); T.C.A. (orig. ed.), § 5-324. Textbooks. Tennessee Jurisprudence, 8 Tenn. Juris., Counties, § 6.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 5-3-124
What does Tennessee Code Annotated § 5-3-124 cover?
Section 5-3-124 ("State consolidation grants — Use and purpose.") 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 § 5-3-124?
A common citation format is "Tennessee Code Annotated § 5-3-124" (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 § 5-3-124 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.