Tennessee § 64-1-507 - Issuance of bonds — Securing of bonds.
Full text of Tennessee Tennessee Code Annotated § 64-1-507 — Issuance of bonds — Securing of bonds., with citation guidance and answers to common questions.
§ 64-1-507. Issuance of bonds — Securing of bonds.
The agency is authorized and empowered to issue its bonds from time to time in an amount not to exceed a total of two million dollars ($2,000,000) outstanding at any time for the purpose of paying in whole or in part the cost of acquiring lands or interests in land and of constructing facilities and improvements on the land as authorized in this part. The agency is authorized to secure such bonds by a pledge of all or any of the revenues that may come to the agency from any source, by a mortgage or deed of trust of the agency's land or any part thereof, including improvements thereon, or by a combination of the two (2). The agency is also authorized to enter into such contracts and to make such covenants in the issuance of its bonds as may be necessary to assure the marketability of the bonds. Acts 1968, ch. 460, § 7; T.C.A., § 66-1-507 .
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 64-1-507
What does Tennessee Code Annotated § 64-1-507 cover?
Section 64-1-507 ("Issuance of bonds — Securing of bonds.") 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 § 64-1-507?
A common citation format is "Tennessee Code Annotated § 64-1-507" (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 § 64-1-507 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.