Tennessee Statutes
§ 49-7-1405 — Revolving account established for administrative costs - Administrative fees
Tennessee·Title 49
The state treasurer shall establish a revolving account, under the state treasurer's custody, to defray administrative costs of the investment pool. The state treasurer may deduct from each participant's pro rata earnings through the investment pool a reasonable charge for administering the investment pool. In the event that the state treasurer does deduct an administrative fee, it shall be deposited and expended through the revolving account.
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Tennessee § 49-7-1405 (Revolving account established for administrative costs - Administrative fees) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by 2015 Tenn. Acts, ch. 324,s 1, eff. 4/28/2015.
Nearby Sections
15
§ 49-1-1001
Short title§ 49-1-1002
Guidelines and standards - Requirements§ 49-1-1004
§ 49-1-1004§ 49-1-1006
§ 49-1-1006§ 49-1-1007
Report - Publication§ 49-1-1008
§ 49-1-1008§ 49-1-101
System established§ 49-1-102
Administration generally§ 49-1-103
Title definitions§ 49-1-106
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