For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Investment of retirement funds.

Memphis Charter, art. 81, § 1079
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 1079. - Investment of retirement funds. Said board of education shall have full power to invest and reinvest all retirement or pension funds coming into its possession; that said board of education shall have further power to hold, purchase, sell, transfer and dispose of any of the securities and investments in which any of the retirement funds may be invested, subject to the same limitations governing the management of funds under control of the Tennessee Teachers' Retirement System as provided in Chapter 29 of the Public Acts of the General Assembly of the State of Tennessee for the year 1945* and amendments thereto. (Priv. Acts 1955, ch. 113, § 8)
Source: City of Memphis, Code of Ordinances and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/tn/memphis/codes/charter?nodeId=PTICHRELA_ART81CHBOEDMESC_DIVIIIREPE_S1079INREFUFetched: 10/28/2026

Starting a business in Tennessee? Tennessee LLC guide: costs and requirements