Tennessee § 9-21-206 - Publication of notice.

§ 9-21-206. Publication of notice.

The initial resolution, together with a notice in substantially the following form, shall be published in full once in a newspaper of general circulation in the local government: NOTICEThe foregoing resolution has been adopted. Unless within twenty (20) days from the date of the publication hereof, a petition signed by at least ten percent (10%) of the registered voters of the local government, (or the portion thereof being taxed for the bonds) shall have been filed with the (official charged with maintaining the records of the local government) protesting the issuance of the general obligation bonds, such bonds will be issued as proposed. Acts 1986, ch. 770, § 2-6; 1993, ch. 514, § 1. Compiler's Notes. Acts 1993, ch. 514, § 11 provided that it is the legislative intent that the amendment by that act be prospective only, and apply to all bonds and notes issued or all contracts entered into after July 1, 1993, and that any initial resolution already published but not finalized be subject to the requirements of the law as it existed prior to that date. Attorney General Opinions. Special elections on general obligation bonds for school purposes, OAG 99-034, 1999 Tenn. AG LEXIS 17 (2/18/99). If a county commission authorizes the issuance of general obligation bonds, a petition protesting issuance of the bonds is filed, and the county commission then rescinds its resolution authorizing the bonds, the county is not required to hold an election on the proposition to issue the bonds. OAG 13-87, 2013 Tenn. AG LEXIS 88 (11/6/13).