Tennessee § 70-1-503 - Investment of funds.
Full text of Tennessee Tennessee Code Annotated § 70-1-503 — Investment of funds., with citation guidance and answers to common questions.
§ 70-1-503. Investment of funds.
Moneys shall be invested pursuant to law, including, but not limited to, § 9-4-612 , for the benefit of the fund. For purposes of expenditures from the fund pursuant to § 70-1-306 , the wildlife management endowment fund shall be included as a part of the wildlife resources fund subject to the restrictions and requirements of the wildlife management endowment fund as set out in this part. Neither the moneys of the fund, nor the interest accruing on investments and deposits of the fund shall be used for any other purposes than those set out in this part, nor shall any part of the fund be diverted to the general fund or to any other public fund. Acts 1998, ch. 610, § 2; 2015, ch. 196, § 2.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 70-1-503
What does Tennessee Code Annotated § 70-1-503 cover?
Section 70-1-503 ("Investment 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 § 70-1-503?
A common citation format is "Tennessee Code Annotated § 70-1-503" (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 § 70-1-503 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.