Section 0250-07-10-.07 - INTEREST ON FUNDS(1) Collection of interest will be in accordance with the regulations of the Tennessee Office of the Treasurer Regulations.(2) Except as provided in Rule 0250-7-1-.11, interest on funds will be assigned to each child's account in the Collective Fund according to the method established for the State by the Tennessee Office of the Treasurer.(3) No interest will be granted to funds not maintained in a Tennessee Office of the Treasurer account.Tenn. Comp. R. & Regs. 0250-07-10-.07
Original rule filed December 28, 1995; effective April 29, 1996. Rule assigned a new control number, removed and renumbered from 1200-31-1-.07 filed and effective June 3, 1999. Repeal and new rule filed June 8, 2005; effective August 22, 2005.Authority: T.C.A. §§ 4-3-1007, 4-4-102, 4-5-217, 4-5-226(b)(2), 37-5-101, 37-5-105, 37-5-106 and 37-5-112(a), and Executive Order No. 58.