Nothing in this part shall be construed to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan.
Tenn. Code Ann. § 56-5-116
Payment of dividends, savings, and premium deposits unaffected
Known as the Tennessee Insurance Law
The act spans §§ 56–56 (1,220 sections).
Acts 1983, ch. 66, § 17; T.C.A. § 56-5-316.
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.