Tennessee § 8-37-112 - Assets — Exclusive purposes.
Full text of Tennessee Tennessee Code Annotated § 8-37-112 — Assets — Exclusive purposes., with citation guidance and answers to common questions.
§ 8-37-112. Assets — Exclusive purposes.
The assets of the plan shall never inure to the benefit of an employer and shall be held for the exclusive purposes of providing benefits to members and their beneficiaries and defraying reasonable expenses of administering the plan. Acts 2016, ch. 605, § 12. Compiler's Notes. Former § 8-37-112 (Acts 1983, ch. 258, § 1; T.C.A., § 9-5-221 ), concerning deposit of Tennessee consolidated retirement system funds, was repealed by Acts 1992, ch. 843, § 21, effective May 5, 1992. Effective Dates. Acts 2016, ch. 605, § 16. March 17, 2016.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 8-37-112
What does Tennessee Code Annotated § 8-37-112 cover?
Section 8-37-112 ("Assets — Exclusive purposes.") 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 § 8-37-112?
A common citation format is "Tennessee Code Annotated § 8-37-112" (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 § 8-37-112 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.