Tennessee § 49-5-913 - Management and investment of fund.
Full text of Tennessee Tennessee Code Annotated § 49-5-913 — Management and investment of fund., with citation guidance and answers to common questions.
§ 49-5-913. Management and investment of fund.
The board shall manage, lend, maintain, keep or deposit such funds for the benefit and uses of the public school teachers' retirement fund. The board shall receive all moneys from donations, legacies, gifts, bequests, and any surplus that may remain at the end of any fiscal year, from the sum or sums contributed and paid by both the teachers and by the school boards. The fund shall be invested in solvent and approved interest-bearing securities or well-secured mortgages or municipal bonds. Acts 1917, ch. 76, § 11; Shan., § 1469b11 (p. 6545); Shan. Supp., § 1469a11; Code 1932, § 2535; T.C.A. (orig. ed.), § 49-1613.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 49-5-913
What does Tennessee Code Annotated § 49-5-913 cover?
Section 49-5-913 ("Management and investment of fund.") 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 § 49-5-913?
A common citation format is "Tennessee Code Annotated § 49-5-913" (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 § 49-5-913 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.