2010 Tennessee Code
Title 62 - Professions, Businesses and Trades
Chapter 35 - Private Protective Services Licensing and Regulatory Act
62-35-137 - Private security regulatory fund.

62-35-137. Private security regulatory fund.

(a)  Notwithstanding any other law to the contrary, all moneys collected pursuant to this chapter shall be deposited in the state treasury in a separate fund to be known as the “private security regulatory fund.”

(b)  Disbursements from the fund shall be made solely for the purpose of defraying expenses incurred in the implementation and enforcement of this chapter.

(c)  No such expenses shall be payable from the general fund of the state.

(d)  Any part of the private security regulatory fund remaining at the end of a fiscal year shall not revert to the general fund but shall be carried forward to defray future expenses until expended in accordance with this chapter.

[Acts 1991, ch. 425, § 5.]  

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