Tennessee § 49-1535 - Payment of allotted funds into accumulation account.
Full text of Tennessee Tennessee Code Annotated § 49-1535 — Payment of allotted funds into accumulation account., with citation guidance and answers to common questions.
§ 49-1535. Payment of allotted funds into accumulation account.
Notwithstanding any other provisions of this or any other law, until the accrued liability of the retirement system has been funded in its entirety, any portion of the funds heretofore or hereafter appropriated to the retirement system for any fiscal year, unallotted to any of the accounts above enumerated or any excess funds contained in any such appropriation arising from any cause whatsoever, shall be allotted by the accounts section of the department of finance and administration into the accumulation account for the funding of said accrued liability. Acts 1947, ch. 111, § 1; C. Supp. 1950, § 2540.8 (Williams, § 2524.8); 1961, ch. 62, § 16; impl. am. Acts 1961, ch. 97, § 3; 1971, ch. 152, § 10.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 49-1535
What does Tennessee Code Annotated § 49-1535 cover?
Section 49-1535 ("Payment of allotted funds into accumulation account.") 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 § 49-1535?
A common citation format is "Tennessee Code Annotated § 49-1535" (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 § 49-1535 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.