§ 49-14-101. Short Title

This chapter shall be known and may be cited as the “Higher Education Accountability Act of 2004.”

§ 49-14-102. Creation of Audit Committee — Employment of Internal Auditor

The board of regents and each state university board created under chapter 8, part 2 of this title and the University of Tennessee board of trustees created under chapter 9, part 2 of this title shall each create an audit committee. Each board is authorized to select one (1) or more certified public accountants or […]

§ 49-14-103. Establishment of Process for Confidentially Reporting Misconduct

The internal auditor shall establish a process by which students, employees, taxpayers or other citizens may confidentially report suspected illegal, improper, wasteful or fraudulent activity. The detailed information received pursuant to such a report of illegal, improper, wasteful or fraudulent activity or any ongoing investigation of the activity shall be considered working papers of the […]

§ 49-14-104. Reports — Legislative Intent

The governing boards of all public institutions of higher education shall establish a policy requiring that annual reports detailing expenditures made by, at the direction of, or for the benefit of a system head or chief executive of an institution are to be filed with their respective boards. It is the legislative intent that the […]

§ 49-14-105. Removal of Governing Board Members for Neglect of Duty

Members of any governing board of public higher education shall be subject to removal from the board for neglect of duty. The governor may petition for a board member’s removal due to neglect of duty and the removal shall be effective upon a majority vote of the voting board members.

§ 49-14-106. Hiring of Internal Auditors — Termination of Employment

The hiring of community college internal auditors shall be done upon the recommendation of the institutional presidents with the approval of the chancellor or designee of the board of regents system. Termination of employment of community college internal auditors shall require prior approval by the chancellor of the board of regents system and the board’s […]