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2017 Tennessee Code
Title 49 - Education
Chapter 6 - Elementary and Secondary Education
Part 17 - Financial Literacy Program Act of 2010
§ 49-6-1706. Funds.
Universal Citation: TN Code § 49-6-1706 (2017)
- (a) Funds of the commission shall be used exclusively for the purposes and activities set forth in this part and shall be invested by the state treasurer in accordance with § 9-4-603.
- (b) Any reserve balance remaining unexpended at the end of a fiscal year in the commission's account shall not revert to the general fund but shall be carried forward into the subsequent fiscal year.
- (c) Notwithstanding any law to the contrary, interest accruing on investments and deposits of the commission shall be credited to the commission's account, shall not revert to the general fund, and shall be carried forward into the subsequent fiscal year.
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