29-20-311 - Judgment over limits of insurance policy prohibited. - Tennessee Statutes

29-20-311. Judgment over limits of insurance policy prohibited.

No judgment or award rendered against a governmental entity may exceed the minimum amounts of insurance coverage for death, bodily injury and property damage liability specified in § 29-20-403, unless such governmental entity has secured insurance coverage in excess of such minimum requirements, in which event the judgment or award may not exceed the applicable limits provided in the insurance policy.

[Acts 1973, ch. 345, § 28; 1976, ch. 656, § 1; T.C.A., § 23-3323.]