Tennessee § 7-36-109 - Powers of board of directors.
Full text of Tennessee Tennessee Code Annotated § 7-36-109 — Powers of board of directors., with citation guidance and answers to common questions.
§ 7-36-109. Powers of board of directors.
The affairs of the authority and the exercise of the powers of the authority shall be vested in the board of directors. The following powers shall be exercised directly by the board by resolution of the board: Selection and employment of the president, who shall serve as the chief executive officer of the authority, who shall serve at the pleasure of the board, and whose compensation shall be set by the board. Nothing in this chapter shall prevent the board from entering into an employment contract with the president. The president shall select, employ, and discharge all employees and fix their duties and compensation; Issuance of bonds of the authority and the encumbering of assets of the authority, to the extent authorized in this chapter, to secure any such bonds; Approval of rates of each of the systems; Approval of the annual budget of each of the systems; Adoption of bylaws for the conduct of the business of the board; Selection of any certified public accountant to perform audits of the books and affairs of the authority; and Adoption of a purchasing policy for the authority and the approval of purchases and disposition of property in accordance with the terms thereof. All other powers of the authority shall be exercised by the president of the authority and the officers, agents, and employees of the authority, except as otherwise provided in this chapter. Acts 2016, ch. 995, § 1. Code Commission Notes. Acts 2016, ch. 995, § 1 enacted a new chapter 41, §§ 7-41-101 — 7-41-132 , but the chapter has been redesignated as chapter 36, §§ 7-36-101 — 7-36-132 by authority of the Code Commission. Effective Dates. Acts 2016, ch. 995, § 3. April 27, 2016.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 7-36-109
What does Tennessee Code Annotated § 7-36-109 cover?
Section 7-36-109 ("Powers of board of directors.") 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 § 7-36-109?
A common citation format is "Tennessee Code Annotated § 7-36-109" (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 § 7-36-109 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.