Upon a showing that the interest of Tennessee policyholders will in no way be impaired, an insurance company may demand, and, upon receipt of the demand, the commissioner may deliver over to the insurance company all or any portion of the securities deposited by the insurance company.
Tenn. Code Ann. § 56-3-803
Delivery back to insurance company
Known as the Tennessee Insurance Law
The act spans §§ 56–56 (1,220 sections).
Acts 1973, ch. 104, § 3; T.C.A., § 56-357.
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.