UPDATED: Jan. 15, 2009 - 1555 - The joint assembly of the Tennessee House and Senate today elected Lillard state treasurer. Story as originally reported:
Memphis attorney David Lillard has been nominated by the Republican Caucus of the General Assembly to succeed Dale Sims as Treasurer for the State of Tennessee.
Should Lillard win election by the legislature in a vote this week, his responsibilities would include stewardship of the $26 billion in assets of the Tennessee Consolidate Retirement System, including the fund's recently authorized investments in private equities.
Lillard, 55, is currently an attorney with Burch Porter & Johnson, as well as a member of the Shelby County Commission, of which he is immediate past-chairman.
Among other civic duties, Lillard has previously served on the board of trustees of the Shelby County pension fund, which operates independently of TCRS.
He is also immediate past-chairman of the Tennessee County Commissioners Association, in which he took a lead role in state legislative affairs. Dillard has said he will resign the county commission, if he is elected state treasurer.
His firm's website says Lillard practices in healthcare law (including HIPAA, acquisitions, contracts and other maters), as well as in securities (equity and debt), M&A, taxation and municipal law, with emphasis on economic development and municipal finance.
He served as an election commissioner on the Shelby County Election Commission for more than eight years, and served three years as a public member of the Tennessee State Board of Accountancy.
He is a graduate tax attorney, having earned his LLM at the University of Florida, in 1983. He earned his J.D. and bachelor's at the University of Memphis, in 1980 and 1977, respectively. He is a 20-year member of the Memphis Economic Club.
Lillard is also a member of the American Health Lawyers Association (including Physicians Organizations, Fraud and Abuse, and HMOs and Health Plans practice groups); the American Bar Association (sections on Health Law, Mergers and Acquisitions, Taxation and Corporate Law); the Tennessee Bar Association (sections on Health Law and Business Law); and the Memphis Bar Association (and a former chair of the MBA's Public Service Committee). ♦
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