Tennessee Statutes
§ 49-7-819 — Authorization to contract for investment management services
Tennessee·Title 49
(a)Notwithstanding any other law to the contrary, the board may, at its option, contract for investment management services for the assets of either or both of the trust funds and provide for the powers, duties, functions and compensation of any investment managers so engaged. Any contract for investment management services shall be procured in the manner prescribed by the board.
(b)All expenses and fees incidental to outside investment management may, at the board's sole discretion, be charged to and paid from the earnings of the respective fund.
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Legislative History
Acts 1996, ch. 991, § 1; T.C.A., §49-7-817; Acts 1999, ch. 233, §§ 29, 30.
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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