Tennessee § 49-6-1706 Funds

Tennessee Statutes

§ 49-6-1706 — Funds

Tennessee § 49-6-1706

Title49

This text of Tennessee § 49-6-1706 (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. § 49-6-1706 (2026).

Text

(a)Funds of the commission shall be used exclusively for the purposes and activities set forth in this part and shall be invested by the state treasurer in accordance with § 9-4-603 .

(b)Any reserve balance remaining unexpended at the end of a fiscal year in the commission's account shall not revert to the general fund but shall be carried forward into the subsequent fiscal year.

(c)Notwithstanding any law to the contrary, interest accruing on investments and deposits of the commission shall be credited to the commission's account, shall not revert to the general fund, and shall be carried forward into the subsequent fiscal year.

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(a) Funds of the commission shall be used exclusively for the purposes and activities set forth in this part and shall be invested by the state treasurer in accordance with § 9-4-603 . (b) Any reserve balance remaining unexpended at the end of a fiscal year in the commission's account shall not revert to the general fund but shall be carried forward into the subsequent fiscal year. (c) Notwithstanding any law to the contrary, interest accruing on investments and deposits of the commission shall be credited to the commission's account, shall not revert to the general fund, and shall be carried forward into the subsequent fiscal year.