9-11-102 - Definitions.
9-11-102. Definitions.
As used in this chapter, unless the context otherwise requires:
(1) “Bond order,” as applied to a city, means the ordinance authorizing the issuance of bonds of the city, and, as applied to a county, means the order of resolution authorizing the issuance of bonds of the county;
(2) “Clerk” means the officer acting as clerk of the governing body;
(3) “Funding bonds” means bonds issued to pay or to extend the time of payment of debt not evidenced by bonds;
(4) “Governing body,” as applied to a county, means the county legislative body, and, as applied to a city, means the city council, board of commissioners, board of mayor and aldermen or the board or body in which the general legislative powers of the city are vested;
(5) “Refunding bonds” means bonds issued to pay or to extend the time of payment of debts evidenced by bonds;
(6) “State director” means the comptroller of the treasury or the director of the division of local finance if created under § 4-3-305; and
(7) “Unit” includes each county and city in the state, which shall issue bonds under the provisions of this chapter.
[Acts 1937, ch. 300, § 2; C. Supp. 1950, § 3516.12; impl. am. Acts 1959, ch. 9, § 8; impl. am. Acts 1978, ch. 934, §§ 7, 36; T.C.A. (orig. ed.), § 9-1102.]