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Tenn. Code Ann. § 56-22-113

Licensing requirements — Requirements of managing general agents

Known as the Tennessee County Mutual Insurance Company Act

The act spans §§ 56–56 (20 sections).

Acts 2006, ch. 689, §§ 3, 16.

(1) A person shall not sell, solicit or negotiate insurance covering those risks listed under § 56-22-106(a), unless the person is licensed to sell property insurance under chapter 6, part 1 of this title.

(2) A person shall not sell, solicit or negotiate insurance covering those risks listed under § 56-22-106(b), unless the person is licensed to sell casualty insurance under chapter 6, part 1 of this title.

(3) Any person that seeks to enter into a contract for the exclusive or dominant right to manage or control a county mutual insurance company shall be considered the managing general agent of the county mutual insurance company and shall comply with the requirements that apply to managing general agents under chapter 6, part 5 of this title.

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.