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Tennessee Code Title 49. Education § 49-7-1405

Current as of January 02, 2024 | Updated by Findlaw Staff

The state treasurer shall establish a revolving account, under the state treasurer's custody, to defray administrative costs of the investment pool. The state treasurer may deduct from each participant's pro rata earnings through the investment pool a reasonable charge for administering the investment pool. In the event that the state treasurer does deduct an administrative fee, it shall be deposited and expended through the revolving account.

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Cite this article: FindLaw.com - Tennessee Code Title 49. Education § 49-7-1405 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-49-education/tn-code-sect-49-7-1405/

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