Tenn. Code Ann. » Tenn. Code / Title 29 / Chapter 20 / Part 4
Tennessee Code Annotated

Tenn. Code Ann. § 29-20-402 (2026)

Authority to levy tax

✓ current as of May 2026
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Notwithstanding law or charter to the contrary, all governmental entities having the power to tax shall have authority to levy an annual property tax in the amount necessary to pay all claims, settlements, or judgments secured pursuant to the provisions hereof, or to pay the costs to defend against same, or for the purpose of establishing and maintaining a reserve or special fund as the same may be established pursuant to § 29-20-401 for the payment of such claims, settlements, or judgment as may be reasonably anticipated, or to pay the premium for such insurance as herein authorized, including insurance provided for in § 29-20-406, even though as a result of such levy the maximum levy as otherwise restricted by law is exceeded thereby; provided, that in no event shall the revenues derived therefrom be used for any other purpose than those stipulated herein.

Acts 1973, ch. 345, § 23; 1979, ch. 282, § 2; T.C.A., § 23-3326.

Notes of Decisions
Cited in 1 case, 1983–1983 · leading case: Cates v. Elec. Power Bd. of Metro. Gov., 655 S.W.2d 166 (Tenn. Ct. App. 1983).
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Cates v. Elec. Power Bd. of Metro. Gov., 655 S.W.2d 166 (Tenn. Ct. App. 1983). “TCA 29-20-403 reads as follows: “TCA 29-20-402. Liability insurance authorized — Limits Limits of liability for self-insuring entities.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.