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59 chapters · 1,882 sections in this title.
Tenn. Code Ann. § 56-10-101 Right to merge, consolidate or exchange stock
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(1) By complying with this chapter, a domestic stock insurance company, referred to in this chapter as the “domestic company,” may effect:(1) A merger or consolidation with one (1) or more domestic stock insurance companies, or with one (1) or more foreign stock insurance compani…
Tenn. Code Ann. § 56-10-102 Procedure for merger, consolidation or exchange of stock
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The constituent insurance companies may adopt a plan of merger or consolidation, or the domestic insurance company and the acquiring corporation may adopt a plan of exchange of stock, as provided in §§ 56-10-103 — 56-10-106.
Tenn. Code Ann. § 56-10-103 Approval of the boards of directors
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(a) The board of directors of each such corporation shall adopt a resolution approved by a majority of the whole board setting forth the proposed plan of merger, consolidation or exchange, and directing that it be submitted to a vote at a meeting of shareholders, which may be eit…
Tenn. Code Ann. § 56-10-104 Approval of the commissioner
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(a) The constituent corporations in the case of a merger or consolidation, or the domestic company and the acquiring corporation in the case of an exchange of stock, shall then submit to the commissioner three (3) copies of the proposed plan certified by the president or a vice p…
