Tennessee Code 49-4-208 – Employee benefits
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Terms Used In Tennessee Code 49-4-208
- 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.
- 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
The employees of the Tennessee student assistance corporation shall be entitled to the same employee benefits as state employees. The required employees’ contributions shall be paid by the participating employees, and the employers’ contributions and any other costs shall be paid by the Tennessee student assistance corporation rather than by the funds of the state.