The board of trustees shall have authority to elect one (1) or more of its body whose duty it shall be to actually attend to the duties and obligations of the trust, and to make an adequate solvent bond for the faithful performance of its duties and the safekeeping of the fund.
Structure 2021 Tennessee Code
Part 9 - Teachers' Local Retirement Systems
§ 49-5-905. Deficiencies in Contributions
§ 49-5-906. Eligibility for Benefits
§ 49-5-907. Retirement Because of Incapacity
§ 49-5-908. Insufficiency of Fund to Pay Annuities
§ 49-5-909. Exemption of Benefits From Process — Nonassignability
§ 49-5-912. Delegation of Duties by Trustees