Unless the ground for revocation or suspension relates only to the financial condition or soundness of the company or to a deficiency in its assets, the commissioner shall notify the company no less than ten (10) days before revoking its authority to do business in this state, and the commissioner shall specify in the notice the particulars of the supposed violation.
Tenn. Code Ann. § 56-1-417
Notice required for revocation or suspension of certificate of authority
Known as the Tennessee Insurance Law
The act spans §§ 56–56 (1,220 sections).
Acts 1895, ch. 160, § 5; Shan., § 3284; Code 1932, § 6099; T.C.A
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.