(1) The board of trustees of the University of Tennessee, the board of regents, and the state university boards shall adopt uniform rules requiring the placement of an emergency keyed lock box in all student dormitories and other campus housing with functioning elevators. The emergency keyed lock box must be installed by each bank of elevators in student dormitories and other campus housing. The lock boxes shall be permanently mounted seventy-two inches (72") from the floor to the center of the box, be operable by a universal key, no matter where the box is located, and shall contain only fire service keys and drop keys to the appropriate elevators. General standards for the design of the boxes shall be approved by the department of labor and workforce development; provided, however, that the standards must be consistent with all applicable building and life safety standards governing student dormitories.
(2) Failure to comply with this section shall be a Class C misdemeanor and shall be punishable by a fine only of not more than two hundred fifty dollars ($250).