§ 65-7-101. Power of locality to become stockholder.

TN Code § 65-7-101 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Any county, incorporated city, or town may become a stockholder in any railroad company incorporated under the general laws of this state, to an amount not exceeding, in the aggregate, one-tenth (⁄) of its taxable property, by complying with the requirements of this chapter.