Rules & Regulations of the State of Tennessee Title 1580 - TN Local Development Authority
Here’s a detailed summary of Title 1580 – Tennessee Local Development Authority (TLDA), based on the currently active regulations (as of March 23, 2025):
📘 Scope & Status
Title 1580 includes only one active chapter:
Chapter 1580‑01‑01: Meetings & Procedures of the Authority
Chapters 1580‑01‑02 and 1580‑01‑03 were repealed effective November 29, 1999 (publications.tnsosfiles.com, law.cornell.edu).
📑 Chapter 1580‑01‑01 – Meetings and Procedures of the Authority
This chapter consists of 12 sections (§.01–.12) outlining governance, administration, and financial protocol:
§ .01 – Powers of the Authority
§ .02 – Meetings – including scheduling, notice, frequency
§ .03 – Quorum – defines required number for official action
§ .04 – Officers – roles like chair, secretary, and their duties
§ .05 – Administration – staff oversight and record‑keeping
§ .06 – Committees – formation and operational guidelines
§ .07 – Contracts – requirements for entering agreements
§ .08 – Seal – design and usage rules; seal reads
“Tennessee Local Development Authority – 1978 – Seal” (regulations.justia.com, law.cornell.edu, publications.tnsosfiles.com)
§ .09 – Fiscal Year – delineates annual accounting cycle
§ .10 – Checks, Drafts, etc. – signing & authorization rules
§ .11 – Deposits – mandates lawful deposit practices (law.cornell.edu)
§ .12 – Gifts – policies for acceptance and handling of donations
✅ Why This Matters
If you're working with, overseeing, or auditing TLDA activities, these rules establish the mandatory framework for its operations. They govern how the Authority:
Conducts official business
Handles finances
Elects officers and organizes meetings
Manages contracts, records, and external contributions
🌐 Accessing Full Text
For legal or compliance purposes, consult the full regulatory text:
Tennessee SOS publications, which host Chapter 1580‑01‑01 PDFs (publications.tnsosfiles.com, publications.tnsosfiles.com, law.cornell.edu)
Justia or Cornell LII, which provide searchable web versions (law.cornell.edu)
🧭 Next Steps
Need a summary or PDF of a specific section (e.g., contracts, seal)?
Want to confirm if there have been any amendments post-March 2025?
RELATED Blog
0 comments