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Tennessee Code Title 70. Wildlife Resources § 70-1-503

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

The trust must be initially funded by a deposit of all of the assets held in the wildlife management endowment fund previously created in accordance with § 70-1-501 as such section existed prior to April 14, 2022. In addition to this initial funding, the lifetime sportsman endowment fund trust must consist of the following assets deposited to or accrued in the fund:

(1) Deleted by 2023 Pub.Acts, c. 303, § 1, eff. April 28, 2023.

(2) The proceeds from cash donations or donations of property converted or to be converted to cash;

(3) Such other sources as may be deemed appropriate, including sources that may be specified by law; and

(4) Income derived from fund investments.

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Cite this article: FindLaw.com - Tennessee Code Title 70. Wildlife Resources § 70-1-503 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-70-wildlife-resources/tn-code-sect-70-1-503/

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