8-38-117 - Use of contribution fund.
8-38-117. Use of contribution fund.
The contribution fund shall be used and administered for the purpose of this chapter. The withdrawals from such funds shall be made for, and solely for:
(1) Payments of amounts required to be paid to the secretary of the treasury pursuant to an agreement entered into under § 8-38-103;
(2) Payment of refunds provided for in § 8-38-107; and
(3) Refunds of overpayments not otherwise adjustable, made by a political subdivision or instrumentality.
[Acts 1951, ch. 90, § 6 (Williams, § 1034.69); T.C.A. (orig. ed.), § 8-3817; Acts 1985, ch. 66, § 12.]