49-7-818 - Delegation to state treasurer for implementation of policies.
49-7-818. Delegation to state treasurer for implementation of policies.
(a) Implementation of the policies established by the board may be delegated by the board to the state treasurer who shall put the policies into effect.
(b) Subject to the delegation of the board, the state treasurer shall have full power to invest and reinvest the assets of the trust funds.
[Acts 1996, ch. 991, § 1; T.C.A. § 49-7-816; Acts 1999, ch. 233, §§ 27, 28.]