{"data":{"id":"us-tn/tenn.-code-ann.-50-7-507","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 50-7-507","heading":"Investment and securing of funds — Interest.","body":"(a) All moneys in the state treasury in funds created by this chapter shall be invested and secured under title 9, chapter 4, parts 1-4 and 6-8; provided, that in the event of any conflict between this section and § 50-7-501(b), § 50-7-501(b) shall control.\n(b) The state treasurer shall periodically review the balances in the various funds created pursuant to this chapter and allocate the interest as is payable pursuant to title 9, chapter 4, parts 1-4 and 6-8.\n(c) The state treasurer shall pro rata reduce interest allocations to all funds for which interest is paid pursuant to this section, if necessary, to compensate for any account or fund having a negative balance for the period for which interest allocations are made.","path":["Title 50 Employer And Employee","Chapter 7 Tennessee Employment Security Law","Part 5 Funds"],"source_url":"https://archive.org/download/gov.tn.tca/release76.2021.05.21/gov.tn.tca.title.50.odt","current_through":"2021-05-21","vintage":"Tennessee Code Release 76 (2021-05), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended","retrieved_at":"2026-09-17T21:56:15Z","sha256":"4f22ad150728bca46ff8df737b905449fba69e6018d2aea04822a22929946ada","source_id":"us-tn","stale":true,"prev":"us-tn/tenn.-code-ann.-50-6-505","next":"us-tn/tenn.-code-ann.-53-1-205"},"notice":"GroundRules: Original legal text. Not legal advice."}
