Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 49-1535 - Payment of allotted funds into accumulation account — Tennessee Law | CourtGPT
  1. Home/
  2. Laws/
  3. Tennessee/
  4. Title 8 - Public Officers and Employees/
  5. Superseded Retirement Systems/
  6. State Teachers Retirement System/
  7. Section 49-1535 - Payment of allotted funds into accumulation account
Tennessee Legal Code

Section 49-1535 - Payment of allotted funds into accumulation account

Ask AI about this
Notwithstanding any other provisions of this or any other law, until the accrued liability of the retirement system has been funded in its entirety, any portion of the funds heretofore or hereafter appropriated to the retirement system for any fiscal year, unallotted to any of the accounts above enumerated or any excess funds contained in any such appropriation arising from any cause whatsoever, shall be allotted by the accounts section of the department of finance and administration into the accumulation account for the funding of said accrued liability.Acts 1947, ch. 111, § 1; C. Supp. 1950, § 2540.8 (Williams, § 2524.8); 1961, ch. 62, § 16; impl. am. Acts 1961, ch. 97, § 3; 1971, ch. 152, § 10.