Tennessee § 9-9-109 - Custodian for securities.
Full text of Tennessee Tennessee Code Annotated § 9-9-109 — Custodian for securities., with citation guidance and answers to common questions.
§ 9-9-109. Custodian for securities.
The state funding board is expressly authorized to contract with a bank or trust company located within or without this state to act as a custodian for securities held by or for the benefit of the board, including collateral pledged pursuant to § 9-9-108(1) , under terms as the board may require to ensure the safety of the securities. Acts 1937, ch. 165, § 3 (Williams, § 1811.14); impl. am. Acts 1959, ch. 9, § 8; T.C.A. (orig. ed.), § 9-910; Acts 1985, ch. 118, § 66; 2000, ch. 598, § 2. Cross-References. Collateral for state funds, title 9, ch. 4.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 9-9-109
What does Tennessee Code Annotated § 9-9-109 cover?
Section 9-9-109 ("Custodian for securities.") 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 § 9-9-109?
A common citation format is "Tennessee Code Annotated § 9-9-109" (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 § 9-9-109 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.