Statutes > Tennessee Statutes > Title 50 - Employer And Employee > Chapter 1 - Employment Relationship And Practices > Part 4 - Private Pensions and Retirement Plans > 50-1-402 - Violation Penalty.

50-1-402 - Violation Penalty.

50-1-402. Violation Penalty.

A violation of § 50-1-401, requiring all funds in a private pension and retirement fund to be deposited in a separate trust account, is a Class E felony.

[Acts 1979, ch. 122, § 1; T.C.A., § 50-802; Acts 1989, ch. 591, § 46.]