9-4-705 - State assistance. - Tennessee Statutes

9-4-705. State assistance.

The state treasurer is authorized to assist local governments in investing funds that are temporarily in excess of operating needs by:

     (1)  Explaining investment opportunities to such local governments through publication and other appropriate means;

     (2)  Acquainting such local governments with the state's practice and experience in investing short-term funds; and

     (3)  Providing technical assistance in investment of idle funds to local governments that request such assistance.

[Acts 1985, ch. 118, § 52.]