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Form a Business

Disposition of surplus above cost of improvement.

Memphis Charter, art. 53, § 517
in effect
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Sec. 517. - Disposition of surplus above cost of improvement. If there shall be any surplus arising from the sale of certificates issued for any improvements above the cost of said improvement, said surplus shall be and become a part of the fund levied for said improvement, and shall be kept and applied in the manner as said fund is herein required to be kept and applied. (Acts 1907, ch. 341, § 10)
Source: City of Memphis, Code of Ordinances and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/tn/memphis/codes/charter?nodeId=PTICHRELA_ART53STIMUNFRFOASLA_S517DISUABCOIMFetched: 10/28/2026

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