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Section 8-25-302 - "Profit" defined — Tennessee Law | CourtGPT
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Tennessee Legal Code

Section 8-25-302 - "Profit" defined

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As used in this part, 'profit' means the excess revenue over expenditures prior to the expenditure of the amount which may be optionally made available for employees in cash or placed in trust by the state on behalf of the employees under the plan.Acts 1982, ch. 680, § 1.