Tennessee § 8-37-111 Outside investment counsel - Expenses

Tennessee Statutes

§ 8-37-111 — Outside investment counsel - Expenses

Tennessee § 8-37-111

Title8

This text of Tennessee § 8-37-111 (Outside investment counsel - Expenses) 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. § 8-37-111 (2026).

Text

(a)Any other law to the contrary notwithstanding, the board of trustees shall have the authority to employ outside investment counsel for advisory services.

(b)The expenses of the fees charged by such investment counsel and any expense incurred under the authority of title 9, chapter 4, part 4, relative to the safekeeping and servicing of retirement system securities shall be charged to and paid from the earnings of the funds.

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(a) Any other law to the contrary notwithstanding, the board of trustees shall have the authority to employ outside investment counsel for advisory services. (b) The expenses of the fees charged by such investment counsel and any expense incurred under the authority of title 9, chapter 4, part 4, relative to the safekeeping and servicing of retirement system securities shall be charged to and paid from the earnings of the funds.