Tennessee § 9-8-205 Authority of board of claims

Tennessee Statutes

§ 9-8-205 — Authority of board of claims

Tennessee § 9-8-205

Title9

This text of Tennessee § 9-8-205 (Authority of board of claims) 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. § 9-8-205 (2026).

Text

Notwithstanding any law to the contrary and in addition to the board of claims' authority set forth in § 9-8-108 , the board of claims is authorized to:

(1)Establish the type or types of insurance and the insurance limits as excess insurance coverage necessary to carry out the purposes of this part;

(2)Purchase or procure the insurance policy or policies with the fund as the insured;

(3)Establish the effective date for which insurance coverage will be provided;

(4)Enter into contracts with financial consultants, actuaries, auditors, investment managers, individual attorneys, law firms, and other consultants and professionals as necessary to effectuate the purposes of this part;

(5)Establish the process for the administration of claims filed pursuant to this part;

(6)Recommend annuall

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Notwithstanding any law to the contrary and in addition to the board of claims' authority set forth in § 9-8-108 , the board of claims is authorized to: (1) Establish the type or types of insurance and the insurance limits as excess insurance coverage necessary to carry out the purposes of this part; (2) Purchase or procure the insurance policy or policies with the fund as the insured; (3) Establish the effective date for which insurance coverage will be provided; (4) Enter into contracts with financial consultants, actuaries, auditors, investment managers, individual attorneys, law firms, and other consultants and professionals as necessary to effectuate the purposes of this part; (5) Establish the process for the administration of claims filed pursuant to this part; (6) Recommend annually to the commissioner of finance and administration the total occurrence basis funding required to satisfy the liabilities arising under this part; and (7) Promulgate rules that are necessary to carry out the purpose and intent of this part.