No person shall act in this state as an agent of a reciprocal in the solicitation or procurement of applications for insurance, subscriber's agreements and powers of attorney, or in the collection of premiums in connection with the reciprocal insurer, without first procuring a license from the department pursuant to the requirements in chapter 6 of this title. An agent shall be appointed by each reciprocal the agent represents.
Tenn. Code Ann. § 56-16-111
Agent for reciprocal — License required — Appointment
Known as the Exchange or Reciprocal Insurance Act
The act spans §§ 56-16-101 to 56-16-210 (29 sections).
Acts 1990, ch. 728, § 2; T.C.A. § 56-16-211.
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.