§ 9-9-208. Authorization to cancel bonds -- Factors in determination.

TN Code § 9-9-208 (2019) (N/A)
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(1) The project has been financed with commercial paper and the commercial paper has been retired in whole or in part without issuance of bonds;

(2) The project was authorized to be financed with bonds but was financed in whole or in part with current funds;

(3) The bonds were authorized but are no longer necessary for a governmental purpose; or

(4) The amount of the remaining authorization is de minimis and as such will not be utilized.