Tennessee § 50-6-606 Powers of board

Tennessee Statutes

§ 50-6-606 — Powers of board

Tennessee § 50-6-606

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This text of Tennessee § 50-6-606 (Powers of board) 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. § 50-6-606 (2026).

Text

(a)(1) The board is vested with full power, authority, and jurisdiction over the fund.

(2)The board may perform all acts necessary or convenient in the exercise of any power, authority, or jurisdiction over the fund, either in the administration of the fund or in connection with the insurance business to be carried on by it under this part, as fully and completely as the governing body of a private insurance carrier to fulfill the objectives and intent of this part.

(b)The board may invest assets as permitted by § 56-3-402 .

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(a) (1) The board is vested with full power, authority, and jurisdiction over the fund. (2) The board may perform all acts necessary or convenient in the exercise of any power, authority, or jurisdiction over the fund, either in the administration of the fund or in connection with the insurance business to be carried on by it under this part, as fully and completely as the governing body of a private insurance carrier to fulfill the objectives and intent of this part. (b) The board may invest assets as permitted by § 56-3-402 .