Tennessee § 8-37-106 - Transaction of business — Nominees.
Full text of Tennessee Tennessee Code Annotated § 8-37-106 — Transaction of business — Nominees., with citation guidance and answers to common questions.
§ 8-37-106. Transaction of business — Nominees.
All of the board's business shall be transacted, all of its funds invested, all warrants for money drawn, any payments made, and all of its cash and securities and other property shall be held: In the name of the board; In the name of its nominee; provided, that the nominee is authorized by retirement board resolution solely for the purpose of facilitating the transfer of securities and restricted to members of the board, or a partnership composed of any such members; or For the account of the board or its nominee in such forms as are standard in the investment community for the timely transaction of business or ownership identification, such as book entry accounts. Acts 1972, ch. 814, § 7; 1978, ch. 741, § 2; T.C.A., § 8-3929(1). Cross-References. State funds, title 9, ch. 4.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 8-37-106
What does Tennessee Code Annotated § 8-37-106 cover?
Section 8-37-106 ("Transaction of business — Nominees.") 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 § 8-37-106?
A common citation format is "Tennessee Code Annotated § 8-37-106" (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 § 8-37-106 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.