Authority of Board of Claims

  1. Law
  2. Tennessee Code
  3. Public Finances
  4. Board of Claims
  5. Educator Protection Act of 2015
  6. Authority of Board of Claims

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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.


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