Tennessee § 9-21-408 - Interfund loans.
Full text of Tennessee Tennessee Code Annotated § 9-21-408 — Interfund loans., with citation guidance and answers to common questions.
§ 9-21-408. Interfund loans.
Local governments are hereby authorized to make interfund loans in accordance with procedures for issuance of notes or bonds in part 5, 7 or 8 of this chapter or § 9-21-604. Local governments are hereby authorized to make interfund loans in accordance with the procedures of § 9-21-604(b) of all funds derived from the sale of any Tennessee private act hospital established pursuant to private acts of the state and the Private Act Hospital Authority Act of 1996, compiled in title 7, chapter 57, part 6. This section does not authorize the expenditure of funds derived from the sale of a private act hospital for any purpose contrary to law or applicable court order. Acts 1994, ch. 806, § 9; 2016, ch. 832, § 1.
Frequently Asked Questions About Tennessee § 9-21-408
What does Tennessee Code Annotated § 9-21-408 cover?
Section 9-21-408 ("Interfund loans.") 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 § 9-21-408?
A common citation format is "Tennessee Code Annotated § 9-21-408" (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 § 9-21-408 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.