Tennessee Code 49-7-1401 – Higher Education Foundation Investment Pool created
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Terms Used In Tennessee Code 49-7-1401
- 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
- Statute: A law passed by a legislature.
The higher education foundation investment pool is created for the purpose of receiving and investing a higher education foundation’s money in the custody of any officer or officers of the state unless prohibited by statute to be invested. For the purposes of this section, “higher education foundation” means any foundation established for a state university, state college, or Tennessee college of applied technology pursuant to §§ 49-7-107 and 49-11-402.