Tennessee Code 2-10-403 – Expense fund
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Terms Used In Tennessee Code 2-10-403
- Contribution: means any advance, conveyance, deposit, distribution, transfer of funds, loan, loan guaranty, payment, gift, or subscription, of money or like thing of value, and any contract, agreement, promise or other obligation, whether or not legally enforceable, made for the purpose of defraying any expenses of a governor or governor-elect's inauguration or the celebration of a governor or governor-elect's inauguration. See Tennessee Code 2-10-402
Not later than thirty (30) days after being elected to the office of governor, the governor-elect shall establish a gubernatorial inauguration expense fund that shall be used to finance any event held for the purpose of celebrating the governor’s inauguration. Such fund is subject to the contribution limits and reporting requirements provided in this part. Parts 1 and 3 of this chapter shall not apply to contributions made pursuant to this part.