If the board determines that any of the educational investment plan or plans or the educational services plan is, for any reason, financially unfeasible, or is not beneficial to the citizens of this state or to the state itself, the board may suspend or terminate the plan immediately.
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