Tennessee Statutes
§ 8-37-106 — Transaction of business - Nominees
Tennessee·Title 8
All of the board's business shall be transacted, all of its funds invested, all warrants for money drawn, any payments made, and all of its cash and securities and other property shall be held:
(1)In the name of the board;
(2)In the name of its nominee; provided, that the nominee is authorized by retirement board resolution solely for the purpose of facilitating the transfer of securities and restricted to members of the board, or a partnership composed of any such members; or (3) For the account of the board or its nominee in such forms as are standard in the investment community for the timely transaction of business or ownership identification, such as book entry accounts.
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Legislative History
Acts 1972, ch. 814, § 7; 1978, ch. 741, § 2; T.C.A., § 8-3929(1).
Nearby Sections
15
§ 8-1-101
Date governor's oath of office taken§ 8-1-102
Compensation§ 8-1-103
Private secretary§ 8-1-107
Succession to office§ 8-1-109
Governor to sign certain documents - Power of attorney for purpose of affixing governor's signature§ 8-1-110
Criminal justice agency statistics§ 8-1-201
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