44-19-117 - Investments Use of funds. - Tennessee Statutes

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44-19-117. Investments Use of funds.

The Tennessee dairy promotion committee may invest all assessments, gifts or grants that are collected or received by the committee. The committee may not use funds received, collected or accrued for any purpose other than program operations including the purposes designated for those funds in this chapter, and the reasonable costs or expenses necessary to the operation of the committee. No such funds may be used to influence either state or federal legislation or rule making.

[Acts 1984, ch. 948, § 17.]

State Codes and Statutes

Statutes > Tennessee > Title-44 > Chapter-19 > 44-19-117

44-19-117. Investments Use of funds.

The Tennessee dairy promotion committee may invest all assessments, gifts or grants that are collected or received by the committee. The committee may not use funds received, collected or accrued for any purpose other than program operations including the purposes designated for those funds in this chapter, and the reasonable costs or expenses necessary to the operation of the committee. No such funds may be used to influence either state or federal legislation or rule making.

[Acts 1984, ch. 948, § 17.]

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State Codes and Statutes

Statutes > Tennessee > Title-44 > Chapter-19 > 44-19-117

44-19-117. Investments Use of funds.

The Tennessee dairy promotion committee may invest all assessments, gifts or grants that are collected or received by the committee. The committee may not use funds received, collected or accrued for any purpose other than program operations including the purposes designated for those funds in this chapter, and the reasonable costs or expenses necessary to the operation of the committee. No such funds may be used to influence either state or federal legislation or rule making.

[Acts 1984, ch. 948, § 17.]