Subject to the limitations in § 8-37-104, the board, or its nominee, has full power to hold, purchase, sell, assign, transfer, or dispose of any of the securities or investments in which the funds created herein have been invested, including the purchasing and selling of stock options, as well as of the proceeds of such investments and any moneys belonging to such funds.
Structure 2021 Tennessee Code
Title 8 - Public Officers and Employees
Chapter 37 - Retirement—financing and Funds
Part 1 - Custody and Management of Funds—investment
§ 8-37-101. Assets of System Held in Two Funds
§ 8-37-105. Powers of Fund Trustees
§ 8-37-106. Transaction of Business — Nominees
§ 8-37-107. Personal Interest in Investments Prohibited