Tennessee Code Title 9. Public Finances § 9-4-1603

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

Notwithstanding any law to the contrary and subject to the approval of the United States department of the treasury, the state may act as a nonbank custodian pursuant to 26 CFR § 1.408-2(e) for Trump account funds, subject to requirements in federal law. If the state receives the approval to act as a nonbank custodian pursuant to 26 CFR § 1.408-2(e), then a Trump account program may be established through a subsequent enactment of the general assembly.

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Cite this article: FindLaw.com - Tennessee Code Title 9. Public Finances § 9-4-1603 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-9-public-finances/tn-code-sect-9-4-1603/

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