{"data":{"id":"us-tn/tenn.-code-ann.-9-3-301","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 9-3-301","heading":"Misappropriation of state-shared funds by counties - Withholding of funds - Bond","body":"(a) In the event that any county official, department, commission or other agency of any county, misappropriates any funds paid to the county from state-shared revenues to the extent that such is in violation of any state law, the comptroller of the treasury, upon determination by a certified audit that such a misappropriation has occurred, shall certify the same to the commissioner of finance and administration.\n(b) Upon such certification, the commissioner shall withhold, or cause to be withheld, from state-shared revenues from all other agencies, commissions, departments, or officials of the county, a sum equal to the ratio of the amount misappropriated during the fiscal year to all the state-shared revenues payable to all agencies or departments of the county during the fiscal year, as applied to the amount of state-shared revenues, the individual agency or department was due from state-shared revenues during the fiscal year.\n(c) Any county official vested by law with the authority to administer state-shared funds shall furnish a good and sufficient bond in the amount of one hundred thousand dollars ($100,000), or in a greater sum as the county legislative body may determine, payable to the state, to indemnify the county against the loss of any funds occurring as a result of such person's unlawful or dishonest acts. The bond must be prepared, executed, filed, and recorded in accordance with title 8, chapter 19.","path":["TN Code","Title 9","Chapter 3"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"d2c74f13a0369690d9f64be6fcbb6e35366b173fc2b36c000071146b4689b83e","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-9-3-214","next":"us-tn/tenn.-code-ann.-9-3-302"},"notice":"GroundRules: Original legal text. Not legal advice."}