7-56-104 - Bonds or notes.
7-56-104. Bonds or notes.
Any municipality, county, or combination of municipality and county, or a transit authority created by it, has the authority to issue general obligation or revenue bonds or municipal notes, or a combination of revenue bonds and municipal notes, for the creation, purchase or establishment of a public transportation system, to such extent and in such manner as may now or hereafter be authorized by any applicable private or public act or general law of the state of Tennessee, including, but not limited to, title 9, chapter 21.
[Acts 1970, ch. 515, § 4; T.C.A., § 6-3804; Acts 1988, ch. 750, § 34.]