Terms Used In Tennessee Code > Title 49 > Chapter 5 > Part 8 - Tennessee Teachers' Sick Leave Bank Act

• bank: means a local system accounting of voluntarily pooled and irrevocably donated accumulated personal sick leave that is collected for the purpose of providing sick leave to members of the program who have suffered an unplanned personal illness, injury, disability or quarantine and whose personal sick leave is exhausted. See Tennessee Code 49-5-802
• Contract: A legal written agreement that becomes binding when signed.
• Employee organization: means any organization with membership open to teachers in which the teachers participate and that exists for the purpose, in whole or in part, of representing teachers' interest to boards of education of local public school systems. See Tennessee Code 49-5-802
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• Minor: means any person who has not attained eighteen (18) years of age. See Tennessee Code 1-3-105
• participant: means any teacher who has joined the bank by making the initial donation of the minimum number of days necessary and has donated the subsequently assessed days. See Tennessee Code 49-5-802
• Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
• Representative: when applied to those who represent a decedent, includes executors and administrators, unless the context implies heirs and distributees. See Tennessee Code 1-3-105
• Sick leave: means a designated amount of compensation leave accumulated pursuant to §. See Tennessee Code 49-5-802
• 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
• system: means any local public school system, as defined in §. See Tennessee Code 49-5-802
• Teacher: means all persons entitled to sick leave under §. See Tennessee Code 49-5-802
• Trustee: A person or institution holding and administering property in trust.
• trustees: means those persons appointed to administer a local school system sick leave bank. See Tennessee Code 49-5-802
• written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
• Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105