Tennessee § 8-37-102 - Custodian of funds — Disbursements.

Full text of Tennessee Tennessee Code Annotated § 8-37-102 — Custodian of funds — Disbursements., with citation guidance and answers to common questions.

§ 8-37-102. Custodian of funds — Disbursements.

The state treasurer shall be the custodian of the funds of the retirement system. All payments from such funds shall be made by the state treasurer on warrants or vouchers issued and signed by such person as is designated by the board. A duly attested copy of a resolution, if the board designating such person and bearing on its face the specimen signature of such person, shall be filed with the commissioner of finance and administration as the state treasurer's authority for issuing warrants upon such vouchers. For the purpose of meeting disbursements for state annuities, member annuities, and other payments, there may be kept available cash, not exceeding ten percent (10%) of the total amount in the funds of the retirement system, on deposit in one (1) or more banks, savings and loan associations or trust companies in the state, organized under the laws of the state or of the United States, and qualified as state depositories. Acts 1972, ch. 814, § 7; 1978, ch. 708, § 6.05; T.C.A., § 8-3929(4), (5). Cross-References. State funds, title 9, ch. 4.

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

Frequently Asked Questions About Tennessee § 8-37-102

What does Tennessee Code Annotated § 8-37-102 cover?

Section 8-37-102 ("Custodian of funds — Disbursements.") 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 § 8-37-102?

A common citation format is "Tennessee Code Annotated § 8-37-102" (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 § 8-37-102 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.