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Tenn. Code Ann. § 58-1-703

Separate revolving fund — Interest and earnings — Reversion of fund balance at end of fiscal year

Acts 2006, ch. 914, § 1.

(1) The military family assistance trust fund is created as a separate revolving fund. The trust fund shall consist of grants, contributions, appropriations, or other moneys made available for the purpose of the trust fund.

(2) All interest and earnings of the fund shall remain a part of the fund.

(3) No part of the fund shall revert to the general fund at the end of the fiscal year, but shall remain a part of the revolving fund available for expenditure in accordance with this part.

Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.