Tennessee Code > Title 7 > Local Government Functions > Chapter 52 > Part 5 – Separate Retirement Systems
Current as of: 2024 | Check for updates
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| § 7-52-501 | Municipal electric plants authorized to maintain prior retirement system |
| § 7-52-502 | Preemption of conflicting laws |
Terms Used In Tennessee Code > Title 7 > Local Government Functions > Chapter 52 > Part 5 - Separate Retirement Systems
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Metropolitan government: means the political entity created by consolidation of all, or substantially all, of the political and corporate functions of a county and a city or cities. See Tennessee Code 7-1-101
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- 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