Notwithstanding § 56-13-204, the assets of two (2) or more protected cells may be combined for purposes of investment, and such combination shall not be construed as defeating the segregation of such assets for accounting or other purposes. Notwithstanding any other provision of this title, the commissioner may approve the use of alternative reliable methods of valuation and rating.
Tenn. Code Ann. § 56-13-206
Combining assets
Known as the Revised Tennessee Captive Insurance Act
The act spans §§ 56-13-101 to 56-13-418 (59 sections).
Acts 2011, ch. 468, § 1; 2015, ch. 156, § 16.
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.