Tennessee § 54-9-203 - Bond resolution, contents.
Full text of Tennessee Tennessee Code Annotated § 54-9-203 — Bond resolution, contents., with citation guidance and answers to common questions.
§ 54-9-203. Bond resolution, contents.
The bond resolution shall contain: The amount, or maximum amount, of the bonds to be issued; The purpose of the bond issued being for the construction of county highways, roads or bridges, as certified by the department; The rate, or maximum rate, of interest that the bonds shall yield; and A concise statement as to the amount or percentage of state aid funds to be irrevocably pledged and whether the taxing power of the county shall be pledged for the payment of bonds, plus interest; but the amount irrevocably pledged from state aid funds, derived from the proceeds of the gasoline tax distributed to the counties, shall not exceed fifty percent (50%) of the state aid funds. Acts 1959, ch. 320, § 3; T.C.A., § 54-846; Acts 1983, ch. 320, § 8.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 54-9-203
What does Tennessee Code Annotated § 54-9-203 cover?
Section 54-9-203 ("Bond resolution, contents.") 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 § 54-9-203?
A common citation format is "Tennessee Code Annotated § 54-9-203" (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 § 54-9-203 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.