Tennessee § 49-3-2002 - Eligibility to receive appropriations — Disposition of funds.

Full text of Tennessee Tennessee Code Annotated § 49-3-2002 — Eligibility to receive appropriations — Disposition of funds., with citation guidance and answers to common questions.

§ 49-3-2002. Eligibility to receive appropriations — Disposition of funds.

The Tennessee Intercollegiate State Legislature Foundation is eligible to receive appropriations for its endowment fund from the state general fund subject to the following conditions: Neither an appropriation nor the income from an appropriation may be spent for any organization other than the Tennessee Intercollegiate State Legislature (TISL); Any appropriation shall be returned to the state general fund if the TISL general assembly fails to meet in any three (3) consecutive school years; Any appropriation shall be released to the foundation only as a dollar-for-dollar match of private contributions to the endowment fund; and Any appropriation shall not revert to the general fund at the end of any fiscal year prior to December 31, 2012, but shall be carried over from year-to-year for the purpose of accomplishing this part. It is the legislative intent that any funds appropriated to TISL be used by the foundation to eliminate fees paid by colleges and universities to participate in TISL. Acts 1985, ch. 471, § 2; 1995, ch. 170, § 1; 2008, ch. 625, § 1; 2012, ch. 774, § 1.

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

Frequently Asked Questions About Tennessee § 49-3-2002

What does Tennessee Code Annotated § 49-3-2002 cover?

Section 49-3-2002 ("Eligibility to receive appropriations — Disposition of funds.") 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 § 49-3-2002?

A common citation format is "Tennessee Code Annotated § 49-3-2002" (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 § 49-3-2002 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.