§ 68-221-1203. Part definitions.

TN Code § 68-221-1203 (2019) (N/A)
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(1) “Federal act” means the Safe Drinking Water Act, or Title XIV of the Public Health Service Act, compiled in 42 U.S.C. § 300f et seq., as amended, and rules and regulations promulgated thereunder;

(2) “Fund” means the water system revolving loan fund;

(3) “Loan” means loans, loan guarantees, or a source of reserve and security for leveraged loans;

(4) “Security” means that which is determined by the authority to be acceptable to secure a loan to a water system under this part and includes, but is not limited to, dedicated or other revenues of the system, collateral, letters of credit, and surety bonds;

(5) “State act” means the Tennessee Safe Drinking Water Act of 1983, compiled in part 7 of this chapter, as amended, and rules and regulations promulgated thereunder; and

(6) “System” and “water system” mean the community public water systems of a county, incorporated town or city, metropolitan government, a privately owned for-profit community public water system, utility district formed pursuant to the Utility District Law, compiled in title 7, chapter 82, water/wastewater authority, energy authority, state agency, or an instrumentality of government created by any one (1) or more of these or by an act of the general assembly as well as such governmental entity.