No foreign reciprocal shall be licensed to transact the business of insurance in this state unless it has filed with the department a certificate of the supervising insurance official of the state in which it is organized. The certificate shall show that the foreign reciprocal is licensed to write and is writing actively in that state the class of insurance it proposes to write in this state.
Tenn. Code Ann. § 56-16-108
Foreign reciprocals — Licensing requirements
Known as the Exchange or Reciprocal Insurance Act
The act spans §§ 56–56 (29 sections).
Acts 1990, ch. 728, § 2; T.C.A. § 56-16-208.
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.