(a) The executive director of each agency shall deposit with the state treasurer funds received from the United States treasury and other funds earned, given or granted to the agency, including state funds.
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Terms Used In Tennessee Code 37-5-311

  • Agency: means the community services agency. See Tennessee Code 37-5-303
  • Board: means the community services agency board. See Tennessee Code 37-5-303
  • Executive director: means the chief administrative officer of a community service agency. See Tennessee Code 37-5-303
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • United States: includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(b) Such funds may be invested in the local government investment pool pursuant to title 9, chapter 4, part 7.
(c) The board may establish such bank accounts pursuant to § 9-4-302, as are necessary for the efficient management of the agency.
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