Tennessee Statutes

§ 12-1-101 — Acceptance of gifts

Tennessee·Title 12
(a)The governor is authorized to accept, on behalf of the state, gifts of real estate or personal property upon such terms and conditions and for such uses and purposes as may be agreed upon by the grantor or donor thereof and the governor.
(b)Notwithstanding subsection (a), the commissioner or appointing authority of any executive branch department or agency of state government is authorized to accept, on behalf of their department or agency, gifts of personal property with a value not exceeding five thousand dollars ($5,000). Any gift with a value exceeding five thousand dollars ($5,000) must be accepted by the governor pursuant to subsection (a).
(c)Any gift accepted pursuant to subsection (a) or (b) must be reported to the commissioner of finance and administration and to the direct

Free access — add to your briefcase to read the full text and ask questions with AI

Tennessee § 12-1-101 (Acceptance of gifts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1941, ch. 129, § 1; mod. C. Supp. 1950, § 186.1; T.C.A. (orig. ed.), § 12-101; Acts 2005, ch. 32, § 1.

Nearby Sections

15
View on official source ↗