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Tenn. Code Ann. § 56-19-107

Legal existence — Bylaws and transaction of business

Known as the Tennessee Insurance Law

The act spans §§ 56-10-101 to 56-8-206 (1,220 sections).

Acts 1919, ch. 108, § 5; Shan

(1) The company shall have legal existence from and after the date of the certificate of incorporation.

(2) The board of directors named in the articles may thereupon adopt bylaws, accept applications for insurance and proceed to transact the business of the company; provided, that no insurance shall be put into force until the company has been licensed to transact insurance as provided by this chapter.

(3) The bylaws and any amendments thereto shall within thirty (30) days after adoption be filed with the commissioner.

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.