Tennessee § 50-6-601 - Short title — Establishment of competitive state workers' compensation insurance fund.
Full text of Tennessee Tennessee Code Annotated § 50-6-601 — Short title — Establishment of competitive state workers' compensation insurance fund., with citation guidance and answers to common questions.
§ 50-6-601. Short title — Establishment of competitive state workers' compensation insurance fund.
This part shall be known and may be cited as the “Workers' Compensation Insurance Fund Act of 1992.” There shall be established a competitive state workers' compensation insurance fund to insure employers under this chapter. This fund shall operate as a nonprofit insurance company and is subject to all requirements of law and regulation as any other insurer offering workers' compensation insurance in Tennessee pursuant to title 56 and this chapter. This fund shall act in addition to, and not as a substitute for, an assigned risk pool. The fund shall be required to maintain an adequate rate and any assessment for accumulated liabilities shall be made only against those insured within the state workers' compensation insurance fund. No assessments shall be made against or for the Tennessee Guaranty Association, as described in title 56, chapter 12, and no assessment shall be made against a private insurer or any entity authorized under § 50-6-405(c), not participating in the state workers' compensation insurance fund. The policies written by the fund shall be assessable against the policyholders. Acts 1992, ch. 900, § 26; 1994, ch. 979, § 2.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 50-6-601
What does Tennessee Code Annotated § 50-6-601 cover?
Section 50-6-601 ("Short title — Establishment of competitive state workers' compensation insurance fund.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 50-6-601?
A common citation format is "Tennessee Code Annotated § 50-6-601" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 50-6-601 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.