Tennessee Statutes

§ 65-159 — No liability for good faith investments

Tennessee § 65-159

This text of Tennessee § 65-159 (No liability for good faith investments) 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. § 65-159 (2026).

Text

The board shall not be liable for the making, retention, or sale of any investment or reinvestment made by it nor for the loss to or diminution of the fund, except due to its own gross negligence, willfull misconduct, or bad faith.

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Legislative History

Acts 1969, ch. 231, § 5.

Nearby Sections

15
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Bluebook (online)
Tennessee § 65-159, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/65-159.