Reinsurance of excess fire risks in unauthorized company with approval of commissioner — Premium tax — Payment
Known as the Tennessee Insurance Law
The act spans §§ 56-10-101 to 56-8-206 (1,220 sections).
Acts 1973, ch. 293, § 8; T.C.A., § 56-4208.
(1) No company doing business under this chapter shall reinsure any of its business in any unauthorized company, except upon the written approval of the commissioner.
(2) The company shall pay the tax prescribed by chapter 4, part 2 of this title on all business it reinsures in companies not having their domicile in this state.
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.