{"data":{"id":"us-tn/tenn.-code-ann.-4-31-409","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 4-31-409","heading":"Allocation of funds - Criteria","body":"In allocating loan funds to local government units, the authority shall give consideration to, and apply, the following standards and criteria:\n(1) The need and desirability for capital projects; and\n(2) The ability of the local government unit to secure borrowed money from other sources and costs thereof.","path":["TN Code","Title 4","Chapter 31"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"5e5efb6edebc6d0bc509c99d9a8daef6ff618a169b8bfb63cab081a447564df7","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-4-31-408","next":"us-tn/tenn.-code-ann.-4-31-410"},"notice":"GroundRules: Original legal text. Not legal advice."}