Tennessee § 50-6-1010 Security deposits

Tennessee Statutes

§ 50-6-1010 — Security deposits

Tennessee § 50-6-1010

Title50

This text of Tennessee § 50-6-1010 (Security deposits) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 50-6-1010 (2026).

Text

(a)The association shall establish minimum security deposit amounts for each member self-insurer. All security deposits must be posted with the association.

(b)The association shall return to a self-insured employer all individual security determined to be in excess of that needed to ensure the administration of the employer's self-insurance, including legal fees, and the payment of any future claims. This subsection (b) does not apply to the risk-based security program, or to any security utilized by the association following default of a member self-insurer.

(c)All financial, actuarial, or claims information received by the commissioner from an employer may be shared by the commissioner with the association under terms and conditions as set by the commissioner to preserve the confiden

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(a) The association shall establish minimum security deposit amounts for each member self-insurer. All security deposits must be posted with the association. (b) The association shall return to a self-insured employer all individual security determined to be in excess of that needed to ensure the administration of the employer's self-insurance, including legal fees, and the payment of any future claims. This subsection (b) does not apply to the risk-based security program, or to any security utilized by the association following default of a member self-insurer. (c) All financial, actuarial, or claims information received by the commissioner from an employer may be shared by the commissioner with the association under terms and conditions as set by the commissioner to preserve the confidentiality of the financial, actuarial, or claims information.