Tennessee Statutes

§ 71-4-405 — Rules governing disbursements - Liability for losses

Tennessee § 71-4-405

This text of Tennessee § 71-4-405 (Rules governing disbursements - Liability for losses) 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. § 71-4-405 (2026).

Text

Disbursements from the revolving fund shall be made in accordance with rules and regulations recommended by the director approved by the commissioner; provided, that the director shall not be accountable for losses incurred in the making and obtaining of repayment of such advance except for losses due to the director's willful misconduct.

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Legislative History

Acts 1949, ch. 99, § 5; C. Supp. 1950, § 4765.92 (Williams, § 4765.78e); T.C.A. (orig. ed.), §§ 14-623, 14-14-305.

Nearby Sections

15
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Bluebook (online)
Tennessee § 71-4-405, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/71-4-405.