reglab/housing_qa huggingface dataset:
TN Code § 49-3-402 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 4 - Volunteer Public Education Trust Fund Act of 1985|§ 49-3-402. Legislative Intent and Declaration

 The general assembly recognizes the inherent value of education and encourages its support. Through this part, the general assembly recognizes, as did our forefathers, that knowledge, learning and virtue are essential to the preservation of our institutions of government, and the diffusion of the opportunities and advantages of education should be paramount in our concerns. To that end, the general assembly declares its support for public education through the trust fund established by this part by establishing a mechanism for the encouragement and acceptance of voluntary contributions for public education.
TN Code § 49-3-404 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 4 - Volunteer Public Education Trust Fund Act of 1985|§ 49-3-404. Authority of Trustees

 In addition to the powers granted by this part, consistent with the purpose of the fund, the trustees have the authority to:   Develop a written plan to implement this part;   Develop investment policies for the investment of the money in the fund;   Expend income from the fund in accordance with this part;   Establish rules, policies, or guidelines relative to the expenditure of income from the fund. The rules, policies, or guidelines may contain factors or criteria for disbursements to LEAs participating in the basic education program, and may include, but not be limited to, special projects or programs that would not otherwise be funded that are deemed by the trustees to improve the overall quality of the total educational program for individual or all LEAs. The rules, policies, or guidelines may contain a competitive award process developed by the trustees that will be administered and implemented by the commissioner of education;   Promote, advertise, and publicize the fund by developing and implementing campaigns for contributions to the trust fund and programs making the public aware of the purpose and operation of the fund. In their promotion of the fund, the trustees may develop partnerships and agreements with and among state agencies, local governments, nonprofit organizations, and private entities;   Raise funds and solicit contributions to the fund on behalf of the fund;   Request from any branch, department, division, board, bureau, commission, or other agency of the state or any entity that receives state funds, such information as will enable the trustees to perform the duties contained in this part;   Contract for the provision of all or any part of the services necessary for the management, operation, promotion, advertisement, and publicizing of the fund; and   Enter into donor agreements with public or private individuals or entities contributing to the fund.
TN Code § 49-3-405 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 4 - Volunteer Public Education Trust Fund Act of 1985|§ 49-3-405. Corpus of Trust Fund — Income — Minimum Trust Fund Amount

 The corpus of the trust fund consists of funds appropriated by the state as well as any other contributions from public or private sources in accordance with § 49-3-403. Income from the fund includes the income from the fund's investment portfolio from whatever source derived, including, but not limited to, interest, dividends, and realized capital gains and losses. Income accruing on contributions to the fund must be deposited in the trust fund and shall not be disbursed until the minimum trust fund amount is met. The minimum trust fund amount is the threshold amount of the corpus that must be accumulated in the trust fund until income may be disbursed. The trustees shall establish the minimum trust fund amount pursuant to the plan required by § 49-3-404. Once the minimum trust fund amount is met, the trustees may allow the income on the minimum trust fund amount to be available for disbursement from the fund pursuant to the plan required by § 49-3-404. The state treasurer is authorized to establish separate accounting for the fund's corpus and income.
TN Code § 49-3-406 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 4 - Volunteer Public Education Trust Fund Act of 1985|§ 49-3-406. Rules

 The trustees are authorized to promulgate rules necessary to perform their responsibilities under this part. The rules shall be promulgated in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5.
TN Code § 49-3-407 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 4 - Volunteer Public Education Trust Fund Act of 1985|§ 49-3-407. Addition of State General Fund Surplus

 The general assembly may annually provide for the addition of an appropriate percentage of the state general fund surplus to be added to the trust fund.
TN Code § 49-3-408 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 4 - Volunteer Public Education Trust Fund Act of 1985|§ 49-3-408. Nonprofit Corporation for Administrative Services

  The trustees are authorized to create a nonprofit corporation in accordance with the Tennessee Nonprofit Corporation Act, compiled in title 48, Chapters 51 68, and after such incorporation, to apply for tax exempt status under 26 U.S.C. § 501(c)(3).   The corporation has all the rights and powers of a nonprofit corporation under the Tennessee Nonprofit Corporation Act, and has such powers as are necessary to carry out the intent of this part, including, but not limited to, the solicitation of contributions and disbursement of funds.
TN Code § 49-3-1001 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 10 - Bonds Generally|§ 49-3-1001. Provisions Supplementary

 This part shall not constitute an exclusive method of issuing bonds by counties for school purposes. The bonds may be authorized and issued under any pertinent public or private act of this state now existing or hereafter enacted.
TN Code § 49-3-1003 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 10 - Bonds Generally|§ 49-3-1003. Deposit and Payment of Funds

   The money arising from the sale of school bonds shall be turned over to the trustee of the county, and shall be kept separate and apart from all other funds, and shall be paid out only for the purposes and in the manner provided in this part, and the trustee shall be allowed no commission for receiving or disbursing the funds.   Any bond funds not put to immediate use shall be deposited at interest by the trustee until needed. The interest arising from the bond funds shall be used only towards retiring the school bond indebtedness or, upon recommendation of the county board of education and concurrence of the county legislative body, shall become a part of the proceeds of the sale of the bonds to be used for the purposes authorized by this part.      In counties having a city or cities operating schools independent of the county, the trustee of the county shall pay over to the treasurer of the city that amount of the funds that bear the same ratio to the entire amount arising from this part as the average daily attendance of the year ending June 30 next preceding the sale of the bonds of the city or cities bears to the entire average daily attendance of the year ending June 30 next preceding the sale of the bonds of the county; provided, that the funds paid over to the city treasurer shall be kept separate from all other funds in the manner and for the purposes provided in this part for the county funds to be used.   The governing body of any city may, by ordinance regularly adopted, waive its right to all or a part of any funds due to it under this subsection (b) and return the funds to the trustee of the county for the purposes originally provided.      In counties that have special school districts operating schools, the trustee of the county shall pay over to the special school district, provided the school district has a bonded treasurer, that amount of the funds that shall bear the same ratio to the entire amount arising from this part as the average daily attendance of the year ending June 30 next preceding the sale of the bonds of the respective special school district bears to the entire average daily attendance of the year ending June 30 next preceding the sale of the bonds of the county; provided, further, that the funds paid over to the special school district shall be kept separate from all other funds in the manner and for the purposes provided in this part for the county funds to be used.   The governing body of the special school district may, by resolution regularly adopted, waive its right to all or a part of any funds due to it under this subsection (c) and return the funds to the trustee of the county for the purposes originally provided.
TN Code § 49-3-1004 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 10 - Bonds Generally|§ 49-3-1004. Use of Funds

  The proceeds from the sale of school bonds issued under § 49-3-1002 constitute a special fund to be known as the special school fund, except funds for aiding this state in the construction of state education facilities or institutions as provided for in subsection (b), which shall be kept by the trustees of such county and the treasurer of the city schools separate and apart from all other funds and shall be applied exclusively to purchase property for school purposes, to purchase sites for school buildings, to erect or repair school buildings, to furnish and equip school buildings and to refund, call or make principal and interest payments on bonds or other obligations previously issued for the same purposes, and to be used for no other purposes by the county board of education of the county, the city board of education or the governing board of the city. The city board shall have a right to draw warrants on the funds only for the purposes mentioned in this subsection (a).    Funds may also be raised by counties in this state in accordance with this part for the purpose of contributing or granting the funds to the state to aid in the constructing and equipping of any type of state educational facilities or institutions within the boundaries of such counties, or neighboring counties nearby enough so that the contributing county will be directly benefited by the facilities or institutions, either separately or in conjunction with other political subdivisions.   Funds raised for the purposes listed in subdivision (b)(1) shall be paid to the state immediately upon the sale of bonds for that purpose by such counties rather than being kept by the trustee in such counties as a part of the special school fund provided for in subsection (a).     Section 49-3-1003(b) shall not apply when the proceeds from the bonds are to be used for the purpose mentioned in subdivision (b)(1).
TN Code § 49-3-1006 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 10 - Bonds Generally|§ 49-3-1006. Bonds for Purchase of Buses

  The various counties of the state, through their respective county legislative bodies, are authorized and empowered to issue and sell bonds for the purchase of school buses and appurtenances necessary to operate them.   The bonds may be known as school bonds and shall be issued in accordance with the provisions for the issuance of other school bonds as set out in this part; provided, that bonds issued under this section shall mature within a time or times not to exceed eight (8) years from the date of issuance.   The provisions of § 49-3-1003(b) providing for the proration of the proceeds of the bonds between county and city school systems shall not apply to bonds issued under authority of this section.   The county legislative bodies are authorized and empowered to set aside into a sinking fund the necessary amounts each year from the regular school transportation allotment to retire the bonds upon their date of maturity.   The full faith and credit of a county issuing bonds under this section shall be pledged to the retirement of the bonds.
TN Code § 49-3-1007 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 10 - Bonds Generally|§ 49-3-1007. Special School District Bonds — Adjustment in Tax Rate

 If any special school district has bonds outstanding payable from taxes levied by special act of the general assembly, and if at any time the amount on deposit in the special fund created solely for the purpose of paying principal of and interest on the bonds is equal to at least two hundred percent (200%) of the amount of the principal and interest coming due on the bonds in the next twelve (12) months next succeeding, excluding any portion of principal and interest budgeted at the beginning of each fiscal year to be paid from sales tax revenues, BEP funds, or a combination of sales tax revenues or BEP funds, hereinafter referred to as annual debt service requirements, the special district by resolution may, on or before September 1 of any year, certify to the county trustee the special school district tax rate, not to exceed the rate imposed by existing legislative act, necessary to raise the amount of taxes that must be collected in order to maintain the special fund during the succeeding year in an amount equal to at least two hundred percent (200%) of annual debt service requirements, and the county trustee shall collect only the taxes based on the rate so certified.
TN Code § 49-3-1008 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 10 - Bonds Generally|§ 49-3-1008. Allocation of County Proceeds to Special School Districts

  The proceeds of bonds, notes and other debt obligations issued by counties under this part for school purposes shall be shared with special school district systems in the county on the same basis provided for sharing the proceeds of school bonds under this part. The trustee of the county shall pay over to the treasurer of the special school district that amount of the funds that bears the same ratio to the entire amount arising from this part as the average daily attendance of the year ending June 30 next preceding the sale of the bonds, notes or other debt obligations of the special school district bears to the entire average daily attendance of the year ending June 30 next preceding the sale of the bonds, notes or other debt obligation of the county.   The governing body of any special school district may, by resolution regularly adopted, waive its right to all or a part of any funds due to it under this part and return the funds to the trustee of the county for the purposes originally provided.    If there exists any special school district within the county that operates independently of the county, the county legislative body, in its discretion, may provide that the bonds, notes or other debt obligations shall be payable from taxes levied only upon that portion of taxable property within the county lying outside the territorial limits of the special school district so independently operated, and taxes sufficient to pay principal and interest on the bonds, notes and other debt obligations shall be so levied upon such portion of the taxable property lying outside the territorial limits of the special school district. However, except as provided in subdivision (c)(2), in no event shall funds that have not previously been apportioned to the special school districts within the county be used for the retirement of the principal or interest on the bonds, notes or other debt obligations.   If the bonds, notes or other debt obligations being issued are payable from a tax levied only on that portion of the taxable property within the county lying outside the territorial limits of a special school district that operates independently of the county, then no part of the proceeds of the bonds, notes or other debt obligations shall be paid over to the special school district.     This section shall be applicable only in counties of Class 3, subclass B, as established by § 8-24-101.
TN Code § 49-3-1101 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 11 - Educational Institutions Law of 1943|§ 49-3-1101. Short Title

 This part shall be known and may be cited as the “Educational Institutions Law of 1943.”
TN Code § 49-3-1102 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 11 - Educational Institutions Law of 1943|§ 49-3-1102. Part Definitions

 As used in this part, unless the context otherwise requires:   “Board” means both the board of trustees of the University of Tennessee and the state board of education, or either of them;   “Bonds” means any bonds of the board issued pursuant to this part;   “Federal agency” means the United States, the president of the United States, the administrator of general services or such other agency or agencies as may be designated or created to make loans or grants or both pursuant to the recovery act or any further acts;   “Institution” means any one of the East Tennessee State University, Middle Tennessee State University, the University of Memphis, the Tennessee Technological University, the University of Tennessee and the University of Tennessee, Martin branch;   “Project” means and includes buildings, structures, improvements and equipment of every kind, nature and description that may be required by or convenient for the purpose of an institution, including, without limiting the generality of the foregoing, administration, dining, exhibition, lecture, recreational and teaching halls, or parts of or additions to them; heat, light, sewer and waterworks plants or systems, or parts of or extensions to them; commons, dining halls, dormitories, auditoriums, libraries, infirmaries, laundries, laboratories, metallurgical plants, museums, swimming pools, water towers, fire prevention and fire fighting systems, gymnasia, stadia, dwellings, greenhouses, farm buildings and stables, or parts of or additions to them; or any one (1) or more than one (1) or all of the projects listed in this subdivision (5), or any combination of the projects listed in this subdivision (5), acquired pursuant to this part;   “Recovery act” means all acts or resolutions of the congress of the United States to encourage public works, to provide relief, work relief, or to increase employment by providing for useful projects and providing for the making of loans or grants or both; and   “To acquire” includes to purchase, erect, build, construct, reconstruct, repair, replace, extend, better, equip, develop or improve a project.
TN Code § 49-3-1103 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 11 - Educational Institutions Law of 1943|§ 49-3-1103. Construction With Other Statutes

  The powers conferred by this part are in addition to the powers conferred by other laws; and the limitations imposed by this part shall not affect the powers conferred by any other law, general or special. Bonds may be issued under this part, notwithstanding any such other law, and without regard to the procedure required by any other such law.    Insofar as this part is inconsistent with any other law, general or special, this part is controlling.   Subdivision (b)(1) does not apply to the board of trustees of the University of Tennessee.
TN Code § 49-3-1104 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 11 - Educational Institutions Law of 1943|§ 49-3-1104. General Powers of Board

 The board has the power and is authorized to:   Acquire by purchase, gift or the exercise of the right to eminent domain and hold real or personal property or rights or interests in real or personal property and water rights;   Make contracts and execute all instruments necessary or convenient to effectuate the purposes of this part;   Acquire by contract or contracts or by its own agents and employees, or otherwise than by contract, any project or projects, and operate and maintain the projects;   Accept grants of money or materials or property of any kind from a federal agency, upon such terms and conditions as such federal agency may impose;   With prior approval of the state school bond authority, borrow money and issue bonds and provide for the payment of the bonds and for the rights of the holders of the bonds as provided in this part; and   Perform all acts and do all things necessary or convenient to carry out the powers granted in this part, obtain loans, with prior approval of the state school bond authority, or grants or both from any federal agency, and accomplish the purposes of this part and secure the benefits of the recovery act.
TN Code § 49-3-1105 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 11 - Educational Institutions Law of 1943|§ 49-3-1105. Bond Issuance and Sale

   Bonds issued under this part shall be authorized by resolution of the board.   These bonds shall bear interest at such rate or rates, payable semiannually, may be issued in one (1) or more series, may bear such date or dates, may be in such denomination or denominations, may mature at such time or times, not exceeding fifty (50) years from their respective dates, may be in such form, either coupon or registered, may carry such registration privileges, may be executed in such manner, may be payable in such medium of payment, at such place or places, may be subject to such terms of redemption, with or without premium, may contain such terms, covenants and conditions, and may be declared or become due before the maturity date of the bonds, as such resolution or other resolutions may provide.   The bonds may be sold at public or private sale at not less than par.   Pending the preparation of the definitive bonds, interim receipts or certificates, in such form and with such provisions as the board may determine, may be issued to the purchaser or purchasers of bonds sold pursuant to this part.   These bonds and interim receipts and certificates shall be fully negotiable within the meaning and for all the purposes of the Uniform Commercial Code, compiled in title 47, Chapters 1 9.      The bonds bearing the signature of officers in office on the date of the signing of the bonds shall be valid and binding obligations, notwithstanding that before the delivery of the bonds and payment for the bonds any or all of the persons whose signatures appear on the bonds have ceased to be officers of the board.   The validity of the bonds shall not be dependent on nor affected by the validity or regularity of any proceedings to acquire the project financed by the bonds or taken in connection with the bonds.
TN Code § 49-3-1106 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 11 - Educational Institutions Law of 1943|§ 49-3-1106. State Approval for Bond Issuance

 Notwithstanding any other law, neither the board nor any institution that is authorized under this part to borrow money, issue bonds or notes or obtain loans shall do so without first securing the approval of the state school bond authority.
TN Code § 49-3-1108 (2021)
2021 Tennessee Code|Title 49 - Education|Chapter 3 - Finances|Part 11 - Educational Institutions Law of 1943|§ 49-3-1108. Funds Obligated by Bonds

   All bonds issued pursuant to this part shall be obligations of the board, payable only in accordance with the terms of the bonds, and shall not be obligations general, special or otherwise of the state.   The bonds shall not be a debt of the state, and shall not be enforceable against the state, nor shall payment for the bonds be enforceable out of any funds of the board other than the income and revenue pledged and assigned to, or in trust for the benefit of, the holder or holders of the bonds.     Nothing contained in this part shall be construed to authorize the board to contract a debt on behalf of, or in any way to obligate the state, or to pledge, assign or encumber in any way, or to permit the pledging, assigning, or encumbering in any way of, appropriations made by the general assembly, or revenue derived from the investment of the proceeds of the sale, and from the rental of such lands as have been set aside by legislative enactments of the United States, for the use and benefit of the respective state educational institutions.