The state treasurer shall be the custodian of the trust funds, and the facilities and employees of the state treasurer shall be used and employed in the administration of the funds, including, but not limited to, the keeping of records, the management of bank accounts and other investments, the transfer of funds and the safekeeping of securities evidencing investments and may delegate or subcontract any or all such functions to any entity that the state treasurer deems qualified for such purpose when the state treasurer determines such delegation to be necessary or desirable.
Structure 2021 Tennessee Code
Chapter 7 - Postsecondary and Higher Education Generally
Part 8 - The Tennessee College Savings Trust Act
§ 49-7-805. Board of Trustees — Powers and Duties
§ 49-7-813. Custodian of Funds — Disbursements
§ 49-7-815. Powers of Funds' Trustees
§ 49-7-816. Transaction of Business — Nominees
§ 49-7-817. Personal Interest in Investments Prohibited
§ 49-7-821. Cooperation From Other State Agencies
§ 49-7-822. Exemption of Assets and Benefits From Taxation, Execution, Garnishment and Assignment