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1994 Tennessee Attorney General Reports and Opinions 1 (1994)

handle is hein.sag/sagtn0140 and id is 1 raw text is: OPINIONS OF THE ATTORNEY GENERAL OF TENNESSEE Published by Authority of Chapter 276 Public Acts of1971 September, 1994 94-099 ALARM COpiTRACTORS LICENSING ACT OF 1991: A contractor who qualifies for exclusion from the Alarm Contractors Licensing Act of 1991 should file the affidavit with the Alarm Systems Contractors Board when it can determine that it derives less than 50% of its gross annual revenues from the alarm systems business. Therefore, in the case of a cont actor just entering the business, it is obligated, assuming it qualifies for the exclusidn, to file an affidavit at the end of the first year in business. T.C.A. §62-32-305(7). 94-105 ANNEXATION:Utilities: As a general matter, municipalities are required to operate their utility systems on a self-sufficient basis. A municipal subsidy would be inconsistent with this requirement. Whether the City of Knoxville may make such a subsidy depends on whether it operates its system under T.C. A. §§7-35-101, dt. or §§7-34-101, esg. or some other general or private act. If the city operates under T.C.A. §§7- 345-101, etsg it must finance its operations and capital improvements out of its rates and may not subsidize the system with tax revenues. If the city operates its system under T.C.A. §§7-34-101, etseg. and has issued bonds to finance its facility under that statute, it must finance its operations and capital improvements out of its rates and may not subsidize the system with tax revenues. If the city operates its system under T.C.A. §§7-34-101..tsg. and has not issued bonds under that statute, or if it operates its system under some other law which is not inconsistent with subsidies, a court could find that, under T.C.A. §7-34-115, it may appropriate tax revenues to subsidize

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