Tennessee § 7-33-119 - Assessments pledged for payment of bonds.
Full text of Tennessee Tennessee Code Annotated § 7-33-119 — Assessments pledged for payment of bonds., with citation guidance and answers to common questions.
§ 7-33-119. Assessments pledged for payment of bonds.
The proceeds arising from the collection of assessments levied for improvements authorized by this part and part 2 of this chapter and chapter 32 of this title shall be and constitute a separate and distinct fund. Such fund, together with its accumulations, is hereby pledged for the payment of the bonds and interest coupons issued for the improvement or improvements from the assessments of which the fund arises, and shall be applied exclusively to the payment of the bonds and coupons. Acts 1913 (1st Ex. Sess.), ch. 18, § 12; Shan., § 1991a57; Code 1932, § 3464; modified; T.C.A. (orig. ed.), § 6-1219.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 7-33-119
What does Tennessee Code Annotated § 7-33-119 cover?
Section 7-33-119 ("Assessments pledged for payment 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 § 7-33-119?
A common citation format is "Tennessee Code Annotated § 7-33-119" (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 § 7-33-119 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.