Tennessee Code Title 7. Consolidated Governments and Local Governmental Functions and Entities § 7-82-707

(a) Each utility system shall submit to the Tennessee board of utility regulation by the first day of the system's fiscal year an annual report on a form approved by the board. If a utility system fails to submit the annual report in accordance with this section, then the board may order reasonable sanctions against the system or facility.

(b) The form approved by the board shall inform the public of:

(c) A utility system that purchases more than fifty percent (50%) of its total water for resale must include the contract for the purchase of water for resale simultaneously with the report required under subsection (a).

(d) A utility system shall submit to the comptroller of the treasury a water loss report on a form prescribed by the board, simultaneously, with the report required under subsection (a). Failure of a utility system to submit the water loss report constitutes excessive water loss, and the board may order appropriate remedial measures.

(e) The comptroller of the treasury shall annually publish on its website the annual reports and water loss reports submitted by utility systems.

(f) A utility system shall ensure that each member of the utility's governing body completes all required training and shall collect an annual training statement, on a form approved by the board, from each member of the governing body.

(g) An employee of, or member of, the governing body of a utility system who becomes aware of a transfer, loan, grant to or from the utility fund, or another transaction in violation of § 7-34-115 or another applicable law, shall immediately report the transaction to the comptroller of the treasury. The report must be made no later than fifteen (15) calendar days after the employee or member becomes aware of the unauthorized transaction.