Tenn. Code Ann. § 5-8-302: Committee on investment

(a) For the purpose of carrying out § 5-8-301 , the county legislative body of the several counties may appoint a committee with authority to designate the types of investments, the amounts of those investments and the maturity of those investments.

(b) No liability shall attach to any member of a committee selected for the purpose mentioned in subsection (a), except for misfeasance or malfeasance in the performance of the duties imposed on the committee.