Tennessee § 49-3-2002 Eligibility to receive appropriations - Disposition of funds

Tennessee Statutes

§ 49-3-2002 — Eligibility to receive appropriations - Disposition of funds

Tennessee § 49-3-2002

Title49

This text of Tennessee § 49-3-2002 (Eligibility to receive appropriations - Disposition of funds) 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. § 49-3-2002 (2026).

Text

(a)The Tennessee Intercollegiate State Legislature Foundation is eligible to receive appropriations for its endowment fund from the state general fund subject to the following conditions:

(1)Neither an appropriation nor the income from an appropriation may be spent for any organization other than the Tennessee Intercollegiate State Legislature (TISL);

(2)Any appropriation shall be returned to the state general fund if the TISL general assembly fails to meet in any three (3) consecutive school years;

(3)Any appropriation shall be released to the foundation only as a dollar-for-dollar match of private contributions to the endowment fund; and (4) Any appropriation shall not revert to the general fund at the end of any fiscal year prior to December 31, 2012, but shall be carried over from

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

(a) The Tennessee Intercollegiate State Legislature Foundation is eligible to receive appropriations for its endowment fund from the state general fund subject to the following conditions: (1) Neither an appropriation nor the income from an appropriation may be spent for any organization other than the Tennessee Intercollegiate State Legislature (TISL); (2) Any appropriation shall be returned to the state general fund if the TISL general assembly fails to meet in any three (3) consecutive school years; (3) Any appropriation shall be released to the foundation only as a dollar-for-dollar match of private contributions to the endowment fund; and (4) Any appropriation shall not revert to the general fund at the end of any fiscal year prior to December 31, 2012, but shall be carried over from year-to-year for the purpose of accomplishing this part. (b) It is the legislative intent that any funds appropriated to TISL be used by the foundation to eliminate fees paid by colleges and universities to participate in TISL.