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Tenn. Code Ann. § 56-46-213

Requirements applicable to RBC reports filed with respect to year 2015

Known as the Tennessee Insurance Law

The act spans §§ 56-10-101 to 56-8-206 (1,220 sections).

Acts 2014, ch. 559, § 7.

For RBC reports required to be filed by health organizations with respect to 2015, the following requirements shall apply in lieu of §§ 56-46-203, 56-46-204, 56-46-205 and 56-46-206:

(1) In the event of a Company Action Level Event with respect to a domestic health organization, the commissioner shall take no regulatory action under this part;

(2) In the event of a Regulatory Action Level Event under § 56-46-204(a)(1), (a)(2) or (a)(3) the commissioner shall take the actions required under § 56-46-203;

(3) In the event of a Regulatory Action Level Event under § 56-46-204(a)(4), (a)(5), (a)(6), (a)(7), (a)(8) or (a)(9) or an Authorized Control Level Event, the commissioner shall take the actions required under § 56-46-204 with respect to the health organization;

(4) In the event of a Mandatory Control Level Event with respect to a health organization, the commissioner shall take the actions required under § 56-46-205 with respect to the health organization.

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.