The income, if any, and gains and losses, realized or unrealized, on each account shall be credited to or charged against the amounts allocated to the account in accordance with the agreement, without regard to other income, gains or losses of the company.
Tenn. Code Ann. § 56-3-503
Gains and losses credited to or charged against allocation
Known as the Tennessee Insurance Law
The act spans §§ 56–56 (1,220 sections).
Acts 1967, ch. 353, § 3; T.C.A., §§ 56-260, 56-314.
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.