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Tenn. Code Ann. § 56-43-102

Construction — Legislative intent

Known as the Tennessee Legal Insurance Act

The act spans §§ 56-43-101 to 56-43-118 (18 sections).

Acts 1989, ch. 423, § 1.

This chapter shall be interpreted liberally in order to:

(1) Encourage the development of effective and economically sound methods for making legal services more readily available;

(2) Protect the interests of the users of legal services and of the public of this state with a minimum of restrictions on experimentation with new forms of organization, administration, or benefits;

(3) Seek to have the risk inherent in experimentation borne by the promoters of new plans rather than by the consumers;

(4) Permit and encourage the providing of legal services through persons other than professional insurers subject to practical and reasonable financial and regulatory requirements;

(5) Permit and encourage fair and effective competition among the various systems of financing legal services; and

(6) Maintain a high level of quality and conformity to professional insurers subject to practical and reasonable financial and regulatory requirements.

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.