Failure to Exercise Corporate Powers

  1. Law
  2. Tennessee Code
  3. Cities and Towns
  4. Dissolution and Liquidation of Affairs
  5. Forfeiture of Charter
  6. Failure to Exercise Corporate Powers

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“Failure to exercise corporate powers” under §6-52-301 shall include either subdivisions (1)(A)-(C) combined, or subdivision (2) alone:

    1. Failure to elect a mayor or legislative body, or both, for more than one (1) year after the time fixed for such elections; and
    2. Failure to levy and collect any municipal ad valorem property taxes for a period of three (3) successive years; and
    3. Failure to expend any funds for municipal purposes or adopt a budget for municipal expenditures for a period of three (3) successive years; or
  2. Failure to hold any municipal elections for more than twenty (20) years.


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