(a)(1) The general supervision and control of the acquisition, improvement, operation and maintenance of the electric plant shall be in charge of the following agency, referred to as the 'supervisory body' in this part: (A) The board; or if there be no board, then(B) The governing body of the municipality.(2) If the governing body of the municipality has charge of the supervision and control of the electric plant, such governing body may by resolution delegate all or any of its powers or duties as supervisory body to the city-manager, if any.(b) The supervisory body shall appoint an electric plant superintendent, referred to as 'superintendent' in this part, who shall be qualified by training and experience for the general superintendence of the acquisition, improvement and operation of the electric plant. The superintendent need not be a resident of the state at the time of appointment. The superintendent's salary shall be fixed by the person or agency appointing such superintendent. The superintendent shall serve at the pleasure of the supervisory body and may be removed by such body at any time.(c) Subject only to an employment contract entered into pursuant to § 7-52-103(g),

. The superintendent shall serve at the pleasure of the supervisory body and may be removed by such body at any time.(c) Subject only to an employment contract entered into pursuant to § 7-52-103(g), within the limits of the funds available, all powers to acquire, improve, operate and maintain, and to furnish electric service, and all powers necessary or convenient to furnishing electric service, conferred by this part shall be exercised on behalf of the municipality by the supervisory body and the superintendent, respectively.Acts 1935, ch. 32, § 14; C. Supp. 1950, § 3708.14; T.C.A. (orig. ed.), § 6-1514; Acts 2012, ch. 748, § 2.