Tennessee § 49-7-1405 - Revolving account established for administrative costs — Administrative fees.
Full text of Tennessee Tennessee Code Annotated § 49-7-1405 — Revolving account established for administrative costs — Administrative fees., with citation guidance and answers to common questions.
§ 49-7-1405. Revolving account established for administrative costs — Administrative fees.
The state treasurer shall establish a revolving account, under the state treasurer's custody, to defray administrative costs of the investment pool. The state treasurer may deduct from each participant's pro rata earnings through the investment pool a reasonable charge for administering the investment pool. In the event that the state treasurer does deduct an administrative fee, it shall be deposited and expended through the revolving account. Acts 2015, ch. 324, § 1. Code Commission Notes. Acts 2015, ch. 324, § 1 enacted this part as a single section, § 49-7-3101 , comprised of subsections (a)-(l ). By authority of the Code Commission, the part has been designated as part 14 of chapter 7 of this title and the subsections have been codified as separate sections. Subsection (k) was codified as this section.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 49-7-1405
What does Tennessee Code Annotated § 49-7-1405 cover?
Section 49-7-1405 ("Revolving account established for administrative costs — Administrative fees.") 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 § 49-7-1405?
A common citation format is "Tennessee Code Annotated § 49-7-1405" (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 § 49-7-1405 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.