Funds May Be Withheld in Year Subsequent — Amount Equal to Amount Misappropriated

  1. Law
  2. Tennessee Code
  3. Public Finances
  4. Local Governments
  5. Misappropriation of State-Shared Funds
  6. Funds May Be Withheld in Year Subsequent — Amount Equal to Amount Misappropriated

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The commissioner of finance and administration may withhold such funds as specified in §9-3-301 from distribution to the county during the fiscal year immediately subsequent to the year the misappropriation took place. Upon such certification, the commissioner may withhold or cause to be withheld, from state-shared revenues distributed to the county, for use by a particular agency or department in which the misappropriation occurred, a sum equal to the amount misappropriated.


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