68-221-515 - Limit on indebtedness not applicable.

68-221-515. Limit on indebtedness not applicable.

Municipalities may enter into loan agreements under the provisions of this part, notwithstanding and without regard to any limit on indebtedness provided by law.

[Acts 1974, ch. 671, § 15; T.C.A., §§ 53-2069, 68-13-515.]