Any company that executes or guarantees any recognizance, stipulation, bond or undertaking under this chapter shall be estopped, in any proceeding to enforce the liability that it has assumed to incur, to deny its corporate power to execute or guarantee the instrument or assume the liability.
Tenn. Code Ann. § 56-15-113
Action against company — Estopped to deny liability
Known as the Tennessee Insurance Law
The act spans §§ 56-10-101–56-8-206 (1,220 sections).
Acts 1895, ch. 175, § 7; Shan., § 2220; Code 1932, § 3952; 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.