{"data":{"id":"us-tn/tenn.-code-ann.-9-4-701","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 9-4-701","heading":"Purpose and findings","body":"The purpose of this part is to enable local governments in this state to participate in a pooled investment fund for the investment of idle public funds. For purposes of this part, the local governments that can participate in the fund are those entities listed in § 9-1-107(b) . The general assembly finds and declares that the public interest is satisfied through a pooled investment fund for idle public funds, thereby reducing the need for imposing additional taxes. Each local government participating in the pooled investment fund is deemed a participant.","path":["TN Code","Title 9","Chapter 4"],"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":"dd8cd8f5556bc23981e5ba601a882ba56aacb92d93a661d56dfc3b42d0a20643","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-9-4-612","next":"us-tn/tenn.-code-ann.-9-4-702"},"notice":"GroundRules: Original legal text. Not legal advice."}