Tennessee § 9-9-405 - Redemption of citizens bonds.
Full text of Tennessee Tennessee Code Annotated § 9-9-405 — Redemption of citizens bonds., with citation guidance and answers to common questions.
§ 9-9-405. Redemption of citizens bonds.
Whenever the state treasurer is authorized pursuant to § 9-9-401 to sell citizens bonds, the state treasurer is also specifically authorized to redeem those citizens bonds, whenever under the terms of the bond sale they are lawfully presented to the state treasurer, from funds available to the state treasurer and be reimbursed for such redemptions from available funds in the state's debt service fund. Acts 1980, ch. 480, § 5; 2003, ch. 10, § 2. Compiler's Notes. Acts 2003, ch. 10, § 3 provided that any language inconsistent with the provisions in this section in any general obligation bond enacted prior to April 2, 2003, shall be of no effect.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 9-9-405
What does Tennessee Code Annotated § 9-9-405 cover?
Section 9-9-405 ("Redemption of citizens 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 § 9-9-405?
A common citation format is "Tennessee Code Annotated § 9-9-405" (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 § 9-9-405 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.