2019 Tennessee Code
Title 9 - Public Finances
Chapter 4 - State Funds, State Budget and Appropriations
Part 5 - Collateral Pool for Public Deposits Act of 1990
§ 9-4-520. State and public depositors not liable -- Exception.

Universal Citation: TN Code § 9-4-520 (2019)

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).

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