(a) Implementation of the policies established by the board may be delegated by the board to the state treasurer who shall put the policies into effect.
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Terms Used In Tennessee Code 49-7-818

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Board: means the board of trustees of the college savings trust fund program described in this part. See Tennessee Code 49-7-802
  • 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
(b) Subject to the delegation of the board, the state treasurer shall have full power to invest and reinvest the assets of the trust funds.
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