Any particular investment that the insurance company held on September 1, 1979, or was obligated to accept by a legally enforceable commitment effectuated prior to September 1, 1979, and that the insurance company was legally entitled to hold immediately prior to September 1, 1979, shall be deemed to be an eligible investment.
Tenn. Code Ann. § 56-3-409
Eligible investments
Known as the Tennessee Insurance Law
The act spans §§ 56–56 (1,220 sections).
Acts 1979, ch. 305, § 9; T.C.A., § 56-369.
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.