Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-01 - Insurance Division
Chapter 0780-01-83 - Self-Insured Workers' Compensation Single Employers
Section 0780-01-83-.15 - IMPAIRED EMPLOYERS
Universal Citation: TN Comp Rules and Regs 0780-01-83-.15
Current through September 24, 2024
If an Employer has become an Impaired Employer as determined by the Commissioner, the Commissioner shall protect the Employees of such Employer by promptly:
(1) Calling the security deposit and placing the funds in an account identifying the Impaired Employer; and
(2) Begin paying benefits out of the Impaired Employer's account under the authority of this Rule or as directed by the court that takes jurisdiction of the funds under applicable law.
Authority: T.C.A. §§ 50-6-405(b)(8) and 50-6-405(h).
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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