Tennessee § 9-21-113 - Deposit and custody of proceeds.
Full text of Tennessee Tennessee Code Annotated § 9-21-113 — Deposit and custody of proceeds., with citation guidance and answers to common questions.
§ 9-21-113. Deposit and custody of proceeds.
The proceeds received from the sale of bonds or notes issued under this chapter by a local government shall be deposited with, in the case of counties, the county trustee or, in the case of municipalities or metropolitan governments, with the official designated by law as custodian of the funds, or be deposited as provided in the resolution authorizing the bonds or notes. The official designated as custodian of the funds shall not receive extra compensation for handling the funds. Acts 1986, ch. 770, § 1-13; 1987, ch. 77, § 4.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 9-21-113
What does Tennessee Code Annotated § 9-21-113 cover?
Section 9-21-113 ("Deposit and custody of proceeds.") 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 § 9-21-113?
A common citation format is "Tennessee Code Annotated § 9-21-113" (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 § 9-21-113 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.