The capital and other invested assets of the company shall be invested in real estate mortgages or mortgage notes, not exceeding one half (½) of the value of the property, or in such other securities as are permitted for investment by domestic stock fire insurance companies.
Tenn. Code Ann. § 56-21-104
Investment of guaranty capital and other assets
Known as the Tennessee Insurance Law
The act spans §§ 56-10-101 to 56-8-206 (1,220 sections).
Acts 1907, ch. 461, § 2; Shan., § 3369a5; Acts 1921, ch. 160, § 2; Code 1932, § 6256; T.C.A
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.