§ 49-3-401 Short title
§ 49-3-402 Legislative intent and declaration
§ 49-3-403 Volunteer public education trust fund – Acceptance of funds – Accounts – Investments and expenditures
§ 49-3-404 Authority of trustees
§ 49-3-405 Corpus of trust fund – Income – Minimum trust fund amount
§ 49-3-406 Rules
§ 49-3-407 Addition of state general fund surplus
§ 49-3-408 Nonprofit corporation for administrative services
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Terms Used In Tennessee Code > Title 49 > Chapter 3 > Part 4 - Volunteer Public Education Trust Fund Act of 1985

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Donor: The person who makes a gift.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105