# Tenn. Code Ann. § 7-53-104: Corporations acting jointly

> Tennessee · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-104

## Section

- **Citation:** Tenn. Code Ann. § 7-53-104
- **Heading:** Corporations acting jointly
- **Jurisdiction:** Tennessee
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TN Code / Title 7 / Chapter 53 / Section 7-53-104

## Text

(a) The authorities and powers conferred in this chapter upon corporations created under this chapter may be exercised by two (2) or more such corporations acting jointly. (b) Two (2) or more municipalities may, by acting jointly, incorporate a public corporation to effectuate the purposes of this chapter. When two (2) or more municipalities incorporate such a public corporation, each and every requisite pertaining to the application for incorporation, qualifications of applicants, certificate of incorporation, amendment of certificate and the manner of pledging municipal credit through the submission by referendum election shall be incumbent in like manner upon each municipality joining in the creation of this public corporation. An officer of a municipality or the city manager or other comparable chief administrative officer of a municipality, but not any other employee, may serve as a director of a corporation that is jointly incorporated by two (2) or more municipalities. Notwithstanding § 7-53-301 , the term of office of any director of the corporation who is an officer or employee of a municipality may be coextensive with the period of time that the director serves as an officer or employee of the municipality. Acts 1955, ch. 210, § 18; 1968, ch. 625, § 1; T.C.A., § 6-2817; Acts 2009, ch. 84, § 1.
(a) The authorities and powers conferred in this chapter upon corporations created under this chapter may be exercised by two (2) or more such corporations acting jointly.
(b) Two (2) or more municipalities may, by acting jointly, incorporate a public corporation to effectuate the purposes of this chapter. When two (2) or more municipalities incorporate such a public corporation, each and every requisite pertaining to the application for incorporation, qualifications of applicants, certificate of incorporation, amendment of certificate and the manner of pledging municipal credit through the submission by referendum election shall be incumbent in like manner upon each municipality joining in the creation of this public corporation. An officer of a municipality or the city manager or other comparable chief administrative officer of a municipality, but not any other employee, may serve as a director of a corporation that is jointly incorporated by two (2) or more municipalities. Notwithstanding § 7-53-301 , the term of office of any director of the corporation who is an officer or employee of a municipality may be coextensive with the period of time that the director serves as an officer or employee of the municipality.
Acts 1955, ch. 210, § 18; 1968, ch. 625, § 1; T.C.A., § 6-2817; Acts 2009, ch. 84, § 1.

## Nearby sections

- [Tenn. Code Ann. § 7-53-101 Chapter definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-101.md)
- [Tenn. Code Ann. § 7-53-102 Purposes of chapter - Construction](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-102.md)
- [Tenn. Code Ann. § 7-53-103 Dissolution - Disposition of property](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-103.md)
- [Tenn. Code Ann. § 7-53-104 Corporations acting jointly](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-104.md)
- [Tenn. Code Ann. § 7-53-105 Provisions cumulative](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-105.md)
- [Tenn. Code Ann. § 7-53-106 Powers supplementary - Provisions severable](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-106.md)
- [Tenn. Code Ann. § 7-53-201 Application for incorporation - Qualifications of applicants - Certificate](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-201.md)
- [Tenn. Code Ann. § 7-53-202 Requisites of certificate of incorporation - Acknowledgment](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-202.md)
- [Tenn. Code Ann. § 7-53-203 Approval of certificate by secretary of state - Recording](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-203.md)
- [Tenn. Code Ann. § 7-53-204 Amendment of certificate](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-204.md)
- [Tenn. Code Ann. § 7-53-301 Board of directors - Conflict of interest statements](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-301.md)
- [Tenn. Code Ann. § 7-53-302 Corporate powers - Meetings public](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-302.md)
- [Tenn. Code Ann. § 7-53-303 Issuance of bonds - Restrictions on payment - Delivery - Additional issues - Redemption](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-303.md)
- [Tenn. Code Ann. § 7-53-304 Security for payment of bonds - Default - Bondholders' remedies - Maintenance of aggregate listing of debt](https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-304.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T7_C53_S7-53-104. Check the current official text before relying on it. Not legal advice.