Tennessee Code 7-86-124 – Disbursement, transfer, withdrawal or investment of financial assets
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 7-86-124
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- District: means any emergency communications district created pursuant to this part. See Tennessee Code 7-86-103
No member of the board of directors shall have control or custody of the financial assets of an emergency communications district. No member of the board of directors, on such member’s sole authority, may authorize the disbursement, transfer, withdrawal or investment of any financial assets belonging to the emergency communications district.