Tennessee Statutes
§ 8-37-112 — Assets - Exclusive purposes
Tennessee·Title 8
The assets of the plan shall never inure to the benefit of an employer and shall be held for the exclusive purposes of providing benefits to members and their beneficiaries and defraying reasonable expenses of administering the plan.
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Legislative History
Added by 2016 Tenn. Acts, ch. 605,s 12, eff. 3/17/2016.
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
Short title