Debt Reorganization — Definition of Terms

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  2. Tennessee Code
  3. Counties
  4. Consolidation of Counties
  5. Debt Reorganization — Definition of Terms

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As used in §§5-3-113 —5-3-121, the following words and terms have the following meanings:

  1. “Absorbed county” means any county or a part of any county that is absorbed by another county;
  2. “Absorbing county” means any county that absorbs any other county or portion of any county;
  3. “Funding bonds” means bonds issued to pay or to extend the time of payment of debts not evidenced by bonds;
  4. “Governing body” means the county legislative body of the “absorbing county”; and
  5. “Refunding bonds” means bonds issued to pay or to extend the time of payment of debts evidenced by bonds.


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