No funds of a company invested in violation of § 56-3-103 shall be allowed by the commissioner as an admitted asset of the company.
Tenn. Code Ann. § 56-3-104
Investments of domestic company in which officers pecuniarily interested not to be allowed as an admitted asset
Known as the Tennessee Insurance Law
The act spans §§ 56–56 (1,220 sections).
Acts 1917, ch. 124, § 2; Shan., § 3369a149; Code 1932, § 6442; 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.