Tenn. Code Ann. § 64-1-503

This is the official text of Tenn. Code Ann. § 64-1-503, part of Tennessee’s Code Ann — part of the compiled statutory law of Tennessee, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.

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General powers and duties

Official statutory text

The agency has the following general powers, functions, and duties: (1) Perpetual succession in the corporate name; (2) Sue and be sued in the corporate name; (3) Adopt, use, and alter a corporate seal, which is judicially noticed; (4) Enter into contracts and cooperative agreements with federal, state, and local governments, and other agencies, with private individuals, corporations, associations, and other organizations as the board deems necessary in carrying out the purposes of this part; (5) Adopt, amend, and repeal bylaws; (6) Appoint managers, officers, employees, attorneys, and agents as the board deems necessary for the transaction of business, fix the appointees' compensation, and, if the board determines necessary, require bonds from the appointees; (7) (A) Receive and expend funds from any source for staffing and other administrative expenses, research, planning, coordination, and other activities deemed necessary to promote the efficient educational development of the region; and (B) Receive grants from private foundations and other sources for the purposes of research and for demonstration projects oriented to human, physical, and natural resources utilization; (8) Coordinate its activities with federal agencies having responsibility for developing natural, human, and physical resources of the region and cooperate with the agencies in developing such resources; (9) Cooperate with local and regional financial institutions in assembling financial resources for educational development; and (10) Acquire by purchase, lease, or gift real and personal property, or any interest therein, that the board deems necessary in carrying out the purposes of this part. Amended by 2020 Tenn. Acts, ch. 664, s 5, eff. 4/2/2020. Acts 1968, ch. 460, § 3; T.C.A., § 66-1-503; Acts 2006, ch. 863, § 7.
The agency has the following general powers, functions, and duties:
(1) Perpetual succession in the corporate name;
(2) Sue and be sued in the corporate name;
(3) Adopt, use, and alter a corporate seal, which is judicially noticed;
(4) Enter into contracts and cooperative agreements with federal, state, and local governments, and other agencies, with private individuals, corporations, associations, and other organizations as the board deems necessary in carrying out the purposes of this part;
(5) Adopt, amend, and repeal bylaws;
(6) Appoint managers, officers, employees, attorneys, and agents as the board deems necessary for the transaction of business, fix the appointees' compensation, and, if the board determines necessary, require bonds from the appointees;
(7) (A) Receive and expend funds from any source for staffing and other administrative expenses, research, planning, coordination, and other activities deemed necessary to promote the efficient educational development of the region; and (B) Receive grants from private foundations and other sources for the purposes of research and for demonstration projects oriented to human, physical, and natural resources utilization;
(A) Receive and expend funds from any source for staffing and other administrative expenses, research, planning, coordination, and other activities deemed necessary to promote the efficient educational development of the region; and
(B) Receive grants from private foundations and other sources for the purposes of research and for demonstration projects oriented to human, physical, and natural resources utilization;
(8) Coordinate its activities with federal agencies having responsibility for developing natural, human, and physical resources of the region and cooperate with the agencies in developing such resources;
(9) Cooperate with local and regional financial institutions in assembling financial resources for educational development; and
ects oriented to human, physical, and natural resources utilization;
(8) Coordinate its activities with federal agencies having responsibility for developing natural, human, and physical resources of the region and cooperate with the agencies in developing such resources;
(9) Cooperate with local and regional financial institutions in assembling financial resources for educational development; and
(10) Acquire by purchase, lease, or gift real and personal property, or any interest therein, that the board deems necessary in carrying out the purposes of this part.
Amended by 2020 Tenn. Acts, ch. 664, s 5, eff. 4/2/2020.
Acts 1968, ch. 460, § 3; T.C.A., § 66-1-503; Acts 2006, ch. 863, § 7.

Status: in_force

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.