Any violation of §§ 56-2-401 — 56-2-403 and this section by an insurance company or other insurance entity that is financially owned or financially controlled by any alien or foreign government outside the continental limits of the United States or the territories of the United States, or by any representative or agent of the company or entity, is declared to be a public nuisance, and the commissioner is authorized and empowered to enjoin the nuisance by injunctive proceedings in the chancery court in like manner as is provided by the general statutes pertaining to enjoining nuisances.
Tenn. Code Ann. § 56-2-404
Foreign government controlled company as public nuisance — Injunction
Known as the Tennessee Insurance Law
The act spans §§ 56–56 (1,220 sections).
Acts 1955, ch. 3, § 4; T.C.A., §§ 56-326, 56-231.
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.