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Tenn. Code Ann. § 56-31-103

Nonprofit vision service corporation — Creation

Known as the Vision Service Plan Law

The act spans §§ 56-31-101 to 56-31-131 (31 sections).

Acts 1969, ch. 118, § 3; T.C.A., § 56-3703.

(1) Five (5) or more optometrists duly licensed to practice under the laws of this state may associate themselves by written articles of association for the incorporation of a nonprofit vision service corporation.

(2) A majority of the directors of each nonprofit vision service corporation must at all times be optometrists duly licensed to practice under the laws of this state.

(3) The laws of this state relative to insurance companies or to the business of insurance, and acts in amendment of these laws or in addition to these laws shall not apply to any nonprofit vision service corporation unless expressly so provided in these laws or acts.

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.