8-38-117 - Use of contribution fund. - Tennessee Statutes

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.]