Tennessee § 41-22-123 Disposition of proceeds - Quarterly statement

Tennessee Statutes

§ 41-22-123 — Disposition of proceeds - Quarterly statement

Tennessee § 41-22-123

Title41

This text of Tennessee § 41-22-123 (Disposition of proceeds - Quarterly statement) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 41-22-123 (2026).

Text

(a)All receipts from the sale of prison products shall be placed to the credit of the TRICOR board, which, except as provided in this part, is authorized to expend such moneys from this fund as may be necessary to procure tools, supplies and materials, replace equipment and to employ personnel and otherwise defray the necessary expenses incident to the employment of inmates as provided in this part.

(b)A profit and loss statement of TRICOR's operation must be prepared quarterly, within the month following the end of the quarter, and a copy of this statement, certified by the fiscal officer of TRICOR, must be sent to the commissioner of finance and administration.

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(a) All receipts from the sale of prison products shall be placed to the credit of the TRICOR board, which, except as provided in this part, is authorized to expend such moneys from this fund as may be necessary to procure tools, supplies and materials, replace equipment and to employ personnel and otherwise defray the necessary expenses incident to the employment of inmates as provided in this part. (b) A profit and loss statement of TRICOR's operation must be prepared quarterly, within the month following the end of the quarter, and a copy of this statement, certified by the fiscal officer of TRICOR, must be sent to the commissioner of finance and administration.

Legislative History

Amended by 2021 Tenn. Acts, ch. 257, s 1, eff. 4/28/2021. Acts 1937, ch. 278, § 6; impl. am. Acts 1939, ch. 11, § 1; mod. C. Supp. 1950, § 12209.6 (Williams, § 12209.11); impl. am. Acts 1955, ch. 102, § 1; Acts 1972, ch. 736, § 1; T.C.A. (orig. ed.), § 41-425; Acts 1994, ch. 737, § 17; 1996, ch. 564, § 2; 2003 , ch. 187, § 6.