Tennessee § 9-4-1202 - Teacher legacy pension stabilization reserve trust fund.
Full text of Tennessee Tennessee Code Annotated § 9-4-1202 — Teacher legacy pension stabilization reserve trust fund., with citation guidance and answers to common questions.
§ 9-4-1202. Teacher legacy pension stabilization reserve trust fund.
The teacher legacy pension stabilization reserve trust is created. The teacher legacy pension stabilization reserve trust fund shall be established and funded through a mechanism and methodology as shall be determined in the future by the commissioner of finance and administration and the state treasurer. The trust and the funds therein shall be administered by the department of the treasury. The trust fund shall be an irrevocable trust exclusively for the benefit of teachers who are members of the legacy plan. The assets of the trust fund shall be preserved, invested, and expended solely pursuant to and for the purposes of this part and shall not be loaned or otherwise transferred or used for any other purpose. It shall be impossible, at any time prior to the satisfaction of all liabilities with respect to teachers and their beneficiaries under the legacy pension plan and this trust, for any part of the corpus or income of the trust to be used or diverted for purposes other than for the exclusive benefit of the teachers or their beneficiaries. The attorney general and reporter shall approve the terms of the trust instrument. Acts 2017, ch. 374, § 8; 2018, ch. 590, § 6. Code Commission Notes. Acts 2017, ch. 374, § 8 enacted a new part 59, §§ 9-4-5901 — 9-4-5906 , but the part has been redesignated as part 12, §§ 9-4-1201 — 9-4-1206 by authority of the Code Commission.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 9-4-1202
What does Tennessee Code Annotated § 9-4-1202 cover?
Section 9-4-1202 ("Teacher legacy pension stabilization reserve trust fund.") 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 § 9-4-1202?
A common citation format is "Tennessee Code Annotated § 9-4-1202" (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 § 9-4-1202 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.