Tennessee Code 50-6-615 – Property of fund – Fund employees
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 50-6-615
- Fund: means the competitive state compensation insurance fund. See Tennessee Code 50-6-602
- Property: includes both personal and real property. See Tennessee Code 1-3-105
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
All premiums and other money paid to the fund, all property and securities acquired through the use of money belonging to the fund, and all interest and dividends earned upon money belonging to the fund and deposited or invested by the fund are the sole property of the fund and shall be used exclusively for the operation and obligations of the fund. The money of the fund is not state property. The employees of the fund shall not be considered state employees.