Under no circumstance is the state, or any state agency, or public depositor, liable for all or any portion of any loss resulting from the default or insolvency of a qualified public depository except as provided in § 9-4-519(b).
Structure 2021 Tennessee Code
Chapter 4 - State Funds, State Budget and Appropriations
Part 5 - Collateral Pool for Public Deposits Act of 1990
§ 9-4-509. Hearing and Judicial Review — Administrative Procedure
§ 9-4-510. Guarantee to Public Depositors Against Loss
§ 9-4-511. State Treasurer — Powers
§ 9-4-512. Payment of Losses — Procedure
§ 9-4-520. State and Public Depositors Not Liable — Exception