Tennessee Code 17-502 – Establishment of system
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Tennessee Code 17-502
- 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.
- Retirement: means withdrawal from membership with a retirement allowance granted under chapters 34-37 of this title. See Tennessee Code 8-34-101
There is created and established, as of July 1, 1963, a retirement system for county paid judges to be known as the “retirement system for county paid judges of Tennessee.” All transactions of the system shall be in the name of the system. The system shall have all the powers and privileges of a corporation, and shall function as hereinafter provided.