{"data":{"id":"us-tn/tenn.-code-ann.-9-3-601","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 9-3-601","heading":"[Repealed effective 6/30/2025] Restrictions on payment or conversion of compensation or funds to blockchain, cryptocurrency, non - Fungible tokens, or virtual currency","body":"(a) Notwithstanding another law to the contrary, a governmental entity shall not pay, compensate, award, or remit funds in the form of, or facilitate directly or indirectly the conversion of compensation or funds to, blockchain, cryptocurrency, non-fungible tokens, or virtual currency to an individual person, corporation, or other entity without the prior written approval of the state treasurer.\n(b) A governmental entity shall not procure services for the performance of the actions prohibited by subsection (a) without the prior written approval of the state treasurer.","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":"390ca7a5d9e5cc927007342fd038efd13aec3f005d932cea6a1201254424d7ab","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-9-3-507","next":"us-tn/tenn.-code-ann.-9-3-602"},"notice":"GroundRules: Original legal text. Not legal advice."}