(a) Implementation of the policies established by the board may be delegated by the board to the state treasurer who shall put the policies into effect.

Terms Used In Tennessee Code 49-7-818

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Board: means the board of trustees of the college savings trust fund program described in this part. See Tennessee Code 49-7-802
  • 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
(b) Subject to the delegation of the board, the state treasurer shall have full power to invest and reinvest the assets of the trust funds.
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