Tennessee § 65-9-108 - Privileges and exemption from taxation not transferred.
Full text of Tennessee Tennessee Code Annotated § 65-9-108 — Privileges and exemption from taxation not transferred., with citation guidance and answers to common questions.
§ 65-9-108. Privileges and exemption from taxation not transferred.
No franchise, right, power, immunity, or exemption not granted at the time of consolidation by the laws of this state to the railway companies which may form part of such consolidated company shall be given to, transferred to, or conferred upon any such consolidated company, or company or person operating such consolidation of railroads as provided for in this chapter or in any other law of this state; and no exemption from taxation of railroad property and franchises, and capital stock therein, contained in railway charters or other railway laws of this state, shall be transferred to, or conferred upon, such consolidated company, or the property and franchises and capital stock therein, of such consolidation of railroads, or of the property appertaining to and used in the operation of such railroads. Acts 1877, ch. 72, § 3; Shan., § 1529; Code 1932, § 2604; T.C.A. (orig. ed.), § 65-908. Cross-References. Waiver of tax exemption, § 65-8-108 .
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 65-9-108
What does Tennessee Code Annotated § 65-9-108 cover?
Section 65-9-108 ("Privileges and exemption from taxation not transferred.") 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 § 65-9-108?
A common citation format is "Tennessee Code Annotated § 65-9-108" (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 § 65-9-108 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.