Moneys Collected by Boards Attached to Division of Regulatory Boards — Separate Account in State General Fund

  1. Law
  2. Tennessee Code
  3. Insurance
  4. Department of Commerce and Insurance
  5. Division of Regulatory Boards
  6. Moneys Collected by Boards Attached to Division of Regulatory Boards — Separate Account in State General Fund

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  1. Notwithstanding any law to the contrary, all moneys collected by any board attached to the division of regulatory boards pursuant to § 4-3-1304 shall be deposited in the state general fund and credited to a separate account for each board.
  2. Disbursements from the accounts shall be made solely for the purpose of defraying expenses incurred in the implementation and enforcement of the boards' areas of regulation.
  3. The expenses shall not be paid from any other state funds.
  4. Funds remaining in board accounts at the end of any fiscal year shall not revert to the general fund but shall remain available for expenditure in accordance with law.


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