Each reciprocal shall maintain the same unearned premium and loss or claim reserves required for stock and mutual companies writing the same classes of insurance.
Tenn. Code Ann. § 56-16-115
Maintenance of reserves — Requirements
Known as the Exchange or Reciprocal Insurance Act
The act spans §§ 56–56 (29 sections).
Acts 1990, ch. 728, § 2; T.C.A. § 56-16-215.
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.