Tennessee § 68-221-511 - Payments made to authority — Special trust funds.
Full text of Tennessee Tennessee Code Annotated § 68-221-511 — Payments made to authority — Special trust funds., with citation guidance and answers to common questions.
§ 68-221-511. Payments made to authority — Special trust funds.
Each municipality having entered into a loan agreement shall remit to the authority such amounts and at such times as shown in the amortization schedule established by the authority. Such funds shall be placed in a special trust fund of the authority created to provide for the payment of principal of, and interest on, bonds and notes issued by the authority for the purpose of providing waterworks loans to municipalities. Acts 1974, ch. 671, § 11; 1978, ch. 843, § 11; T.C.A., § 53-2065; Acts 1989, ch. 233, § 32; T.C.A., § 68-13-511 . Compiler's Notes. Former title 68, ch. 13, parts 1-10 were transferred to title 68, ch. 221, parts 1-10, respectively, in 1992. See the parallel reference table in § 68-221-101 for the former and new section locations.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 68-221-511
What does Tennessee Code Annotated § 68-221-511 cover?
Section 68-221-511 ("Payments made to authority — Special trust funds.") 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 § 68-221-511?
A common citation format is "Tennessee Code Annotated § 68-221-511" (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 § 68-221-511 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.