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Terms Used In Tennessee Code 50-6-622

  • Board: means the board of directors of the competitive state compensation insurance fund. See Tennessee Code 50-6-602
  • Fund: means the competitive state compensation insurance fund. See Tennessee Code 50-6-602
  • 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

The fund shall begin providing workers’ compensation insurance coverage when the board determines that the fund is able to do so and all requirements under state law have been met. The fund shall not issue insurance policies to employers until the approval of the director of the division of state audit has been obtained.