Tennessee § 54-9-201 - Bonds issued — State aid pledged.
Full text of Tennessee Tennessee Code Annotated § 54-9-201 — Bonds issued — State aid pledged., with citation guidance and answers to common questions.
§ 54-9-201. Bonds issued — State aid pledged.
Any county may authorize the issuance of bonds pursuant to title 9, chapter 21, for the construction of county highways, roads and bridges and may irrevocably pledge, during each fiscal year, moneys received by way of state aid grants for rural roads, an amount not exceeding fifty percent (50%) of state aid funds derived from the distribution of the gasoline tax for rural roads, to the retirement of principal of and interest on the bonds, but in computing the amount of state grants, state funds used in matching federal funds shall be excluded. Acts 1959, ch. 320, § 1; 1961, ch. 282, § 1; impl. am. Acts 1978, ch. 934, §§ 7, 16, 36; T.C.A., § 54-844; Acts 1980, ch. 601, § 16; 1983, ch. 320, § 6; 1988, ch. 750, § 55. Cross-References. Maximum effective rates of interest, § 47-14-103 . Textbooks. Tennessee Jurisprudence, 5 Tenn. Juris., Bridges, § 5. Collateral References. Bonds 1 et seq. Bridges 1 et seq. Counties 149 et seq. Highways 1 et seq.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 54-9-201
What does Tennessee Code Annotated § 54-9-201 cover?
Section 54-9-201 ("Bonds issued — State aid pledged.") 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 § 54-9-201?
A common citation format is "Tennessee Code Annotated § 54-9-201" (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 § 54-9-201 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.