The purpose of the Board shall be to collect and disburse, on the basis of valid claims, funds assessed and collected from the nonexempt postsecondary educational institutions providing instruction in Tennessee. In addition the Board shall make annual reports on the status of the Tuition Guaranty Fund to the Governor, General Assembly, and participating institutions.
Tenn. Comp. R. & Regs. 1710-01-02-.02
Authority: T.C.A. § 49-7-2018, Public Chapter 766, Acts of 2006.