§ 50-6-601 Short title – Establishment of competitive state workers’ compensation insurance fund
§ 50-6-602 Part definitions
§ 50-6-603 Purpose and organization of fund
§ 50-6-604 Board of directors – Members
§ 50-6-605 Management of fund
§ 50-6-606 Powers of board
§ 50-6-608 Nonliability of board members, officers or employees
§ 50-6-609 Scope of insurance by fund
§ 50-6-610 Powers of fund
§ 50-6-615 Property of fund – Fund employees
§ 50-6-616 Appropriations prohibited except as provided in 50 – 6 – 621
§ 50-6-617 Fund not a state agency
§ 50-6-618 Rules for sale of coverage by agents
§ 50-6-619 Annual report required
§ 50-6-620 Contents of annual report
§ 50-6-621 Bonds, appropriation for start-up costs
§ 50-6-622 Start-up of operations
§ 50-6-623 Submission and review of organizational and operating plans
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Terms Used In Tennessee Code > Title 50 > Chapter 6 > Part 6 - Workers' Compensation Insurance Fund Act of 1992

  • Administrator: means the chief administrative officer of the bureau of workers' compensation of the department of labor and workforce development. See Tennessee Code 50-6-102
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Board: means the board of directors of the competitive state compensation insurance fund. See Tennessee Code 50-6-602
  • Commissioner: means the commissioner of labor and workforce development. See Tennessee Code 50-6-102
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Department: means the department of labor and workforce development. See Tennessee Code 50-6-102
  • Ex officio: Literally, by virtue of one's office.
  • Fund: means the competitive state compensation insurance fund. See Tennessee Code 50-6-602
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • 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
  • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
  • Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105