Any number of persons, not less than twenty (20), a majority of whom are bona fide residents of this state, by complying with this chapter, may become, together with others who may thereafter be associated with them or their successors, a body corporate for the purpose of carrying on the business of mutual insurance as provided in this chapter.
Tenn. Code Ann. § 56-19-101
Incorporators — Number — Residence qualifications
Known as the Tennessee Insurance Law
The act spans §§ 56–56 (1,220 sections).
Acts 1919, ch. 108, § 1; Shan
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.