Private Acts of 1943 Chapter 360

SECTION 1.  That in all Counties of Tennessee having a population of not less than 18,950, nor more than 18,965 by the Federal Census of 1940, or any subsequent Federal Census, all warrants which are evidences of indebtedness against the County shall bear interest at the rate of six (6%) per centum per annum from the date of their registration or from date on which this Act becomes effective, whichever is the latter date, and shall continue to bear interest until the date on which there is a sufficient amount of money or funds in the Treasury of the County to meet payment of same.

SECTION 2.  That the provisions of this Act with respect to interest on said warrants shall apply to any and all warrants heretofore issued and which remain unpaid, and to any and all such warrants hereafter to be issued.

SECTION 3.  That this Act shall take effect from and after its passage, the public welfare requiring it.

Passed:  January 20, 1943.