With the exception of investments made in accordance with § 56-32-105, the funds of an HMO shall be invested only in securities or other investments permitted by the laws of this state for the investment of assets constituting the legal reserves of life insurance companies or other securities or investments that the commissioner permits.
Tenn. Code Ann. § 56-32-111
Investments
Known as the Health Maintenance Organization Act
The act spans §§ 56-32-101 to 56-32-138 (38 sections).
Acts 1986, ch. 713, § 11; T.C.A. § 56-32-211.
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.