Tennessee § 7-6-102 - Legislative declaration and purpose — Exemption from taxation.
Full text of Tennessee Tennessee Code Annotated § 7-6-102 — Legislative declaration and purpose — Exemption from taxation., with citation guidance and answers to common questions.
§ 7-6-102. Legislative declaration and purpose — Exemption from taxation.
It is hereby declared that metropolitan celebration authorities created pursuant to this chapter shall be public and governmental bodies acting as agencies and instrumentalities of the creating municipality, and that the acquisition, construction, operation and financing of improvements by such authorities are hereby declared to be a public and governmental purpose and a matter of public necessity. The property and revenues of the authority or any interests in property and revenues shall be exempt from all state, county and municipal taxation. The authorities shall be created for the purpose of implementing projects to commemorate and celebrate the bicentennial anniversary of the principal city of any county adopting a metropolitan form of government. Acts 1979, ch. 389, § 2; T.C.A., § 6-3765.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 7-6-102
What does Tennessee Code Annotated § 7-6-102 cover?
Section 7-6-102 ("Legislative declaration and purpose — Exemption from taxation.") 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 § 7-6-102?
A common citation format is "Tennessee Code Annotated § 7-6-102" (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 § 7-6-102 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.