Tennessee § 4-28-115 - Liquidation of remaining state ownership interests — Method — Approval by treasurer.

Full text of Tennessee Tennessee Code Annotated § 4-28-115 — Liquidation of remaining state ownership interests — Method — Approval by treasurer., with citation guidance and answers to common questions.

§ 4-28-115. Liquidation of remaining state ownership interests — Method — Approval by treasurer.

Beginning on December 31, 2021, the department shall liquidate any remaining ownership interests owned by the state. Methods to liquidate remaining ownership interests include the sale of interests to a third party. The sale of any ownership interests shall be approved by the treasurer. Acts 2014, ch. 611, § 10.

Source: official Tennessee text · Last verified 2026-08-27

Frequently Asked Questions About Tennessee § 4-28-115

What does Tennessee Code Annotated § 4-28-115 cover?

Section 4-28-115 ("Liquidation of remaining state ownership interests — Method — Approval by treasurer.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Tennessee § 4-28-115?

A common citation format is "Tennessee Code Annotated § 4-28-115" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Tennessee law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.

How does Tennessee § 4-28-115 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.