Tennessee § 8-34-710 - Transfer of assets from superseded systems.
Full text of Tennessee Tennessee Code Annotated § 8-34-710 — Transfer of assets from superseded systems., with citation guidance and answers to common questions.
§ 8-34-710. Transfer of assets from superseded systems.
As of July 1, 1972, all of the assets of each superseded system shall be transferred to the credit of the retirement system established by chapters 34-37 of this title. Thereafter, the managing boards of the superseded systems shall have no further power to hold or invest such assets, and the board of trustees of the retirement system shall be the trustees of such assets, with all of the powers provided by chapter 37, part 1 of this title. The contributions made by each member of a superseded system to that system, together with the interest credited thereon in accordance with the provisions of the superseded system, shall be credited to the member's individual account in the members' fund. The remaining assets of the superseded systems shall be credited to the state accumulation fund. Acts 1972, ch. 814, § 11; T.C.A., § 8-3935(1). Cross-References. For text of repealed laws concerning superseded retirement systems, see Appendix following this title. Textbooks. Tennessee Jurisprudence, 16 Tenn. Juris., Judges, § 26.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 8-34-710
What does Tennessee Code Annotated § 8-34-710 cover?
Section 8-34-710 ("Transfer of assets from superseded systems.") 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 § 8-34-710?
A common citation format is "Tennessee Code Annotated § 8-34-710" (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 § 8-34-710 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.