Tennessee § 9-21-901 - Authorization to issue general obligation refunding bonds.
Full text of Tennessee Tennessee Code Annotated § 9-21-901 — Authorization to issue general obligation refunding bonds., with citation guidance and answers to common questions.
§ 9-21-901. Authorization to issue general obligation refunding bonds.
Any local government has the power and is authorized to issue, by resolution, general obligation refunding bonds to refund outstanding obligations heretofore or hereafter lawfully issued or assumed by the local government, and to provide for the rights of the holders thereof and to secure such bonds as provided in this part and part 1 of this chapter. General obligation refunding bonds issued hereunder and secured by the full faith and credit and unlimited taxing power of the local government shall be for the purpose of: Refunding outstanding obligations which are secured by a pledge of the full faith and credit and unlimited taxing power of the local government; Refunding outstanding obligations secured by a pledge of revenues in addition to the full faith and credit pledge; or Refunding outstanding obligations secured solely by the revenues of a public works project. General obligation refunding bonds may be issued to refinance more than one (1) issue of outstanding obligations, notwithstanding that such obligations may have been issued at different times. The resolution authorizing general obligation refunding bonds may also provide for other bonds to be issued jointly with such refunding bonds. Acts 1986, ch. 770, § 9-1.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 9-21-901
What does Tennessee Code Annotated § 9-21-901 cover?
Section 9-21-901 ("Authorization to issue general obligation refunding bonds.") 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 § 9-21-901?
A common citation format is "Tennessee Code Annotated § 9-21-901" (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 § 9-21-901 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.