Tennessee Statutes
§ 18-5-105 — Investment of funds of minors and incompetents
Tennessee·Title 18
Clerks and masters of the chancery courts, having in their hands funds belonging to minors or incompetents who have no regular guardian or other custodian or other person authorized by law to demand the funds, may invest the funds as provided in § 8-21-401(i)(8) or, if applicable, § 8-21-409(e)(1) without prior specific order of the court if, in their best judgment, it appears that the funds will be idle and payment of funds will not be demanded for a period of thirty (30) days from and after receipt of funds.
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Tennessee § 18-5-105 (Investment of funds of minors and incompetents) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1961, ch. 239, § 1; T.C.A., §18-506; Acts 2010 , ch. 969, § 1.
Nearby Sections
15
§ 18-1-101
Selection and general functions§ 18-1-102
Residence and office§ 18-1-103
Oath of office§ 18-1-104
Deputy's oath§ 18-1-105
Duties§ 18-1-106
Judgment index§ 18-1-107
Notation as to party requesting process§ 18-1-108
Authority§ 18-1-109
Acting as masters in chancery§ 18-1-110
Practice of law - Security on bonds§ 18-1-112
Delivery of records to successor§ 18-1-202
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