29-17-1003 - Transfer of land acquired by eminent domain. - Tennessee Statutes

State Codes and Statutes

Statutes > Tennessee > Title-29 > Chapter-17 > Part-10 > 29-17-1003

29-17-1003. Transfer of land acquired by eminent domain.

(a) Land acquired by eminent domain that the acquiring entity seeks to dispose of may be sold, leased or otherwise transferred to another public or quasi-public entity or to a private person, corporation or other entity; provided, that the entity transferring the land receives at least fair market value for the land.

(b) Nothing in this section shall be construed to apply to or affect the disposal of the state's surplus interests in real property pursuant to § 12-2-112.

[Acts 2006, ch. 863, §§ 1, 4.]

State Codes and Statutes

Statutes > Tennessee > Title-29 > Chapter-17 > Part-10 > 29-17-1003

29-17-1003. Transfer of land acquired by eminent domain.

(a) Land acquired by eminent domain that the acquiring entity seeks to dispose of may be sold, leased or otherwise transferred to another public or quasi-public entity or to a private person, corporation or other entity; provided, that the entity transferring the land receives at least fair market value for the land.

(b) Nothing in this section shall be construed to apply to or affect the disposal of the state's surplus interests in real property pursuant to § 12-2-112.

[Acts 2006, ch. 863, §§ 1, 4.]

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > Tennessee > Title-29 > Chapter-17 > Part-10 > 29-17-1003

29-17-1003. Transfer of land acquired by eminent domain.

(a) Land acquired by eminent domain that the acquiring entity seeks to dispose of may be sold, leased or otherwise transferred to another public or quasi-public entity or to a private person, corporation or other entity; provided, that the entity transferring the land receives at least fair market value for the land.

(b) Nothing in this section shall be construed to apply to or affect the disposal of the state's surplus interests in real property pursuant to § 12-2-112.

[Acts 2006, ch. 863, §§ 1, 4.]