Agents licensed in accordance with this chapter shall not pay the whole or any part of the commission on surplus lines insurance to any person, except that the commissions may be shared or divided with any other person licensed by the commissioner as a surplus lines agent or licensed pursuant to chapter 6 of this title.
Tenn. Code Ann. § 56-14-115
Commissions
Known as the Surplus Lines Insurance Act
The act spans §§ 56-14-101 to 56-14-117 (17 sections).
Acts 1969, ch. 270, § 15; T.C.A., § 56-3815; Acts 2011, ch. 446, § 1; 2018, ch. 580, § 3.
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.