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59 chapters · 1,882 sections in this title.
Tenn. Code Ann. § 56-23-101 Property, casualty and surety insurance — Certificate of authority
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(a) Every state stock fire insurance company organized and incorporated under the laws of this state and operating under this chapter, before commencing business, must file or deposit with the commissioner of commerce and insurance the following:(1) A properly certified copy of i…
Tenn. Code Ann. § 56-23-102 False swearing to statement to obtain certificate of authority — Perjury — Denial of right to do business — Revocation of certificate
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(a) False swearing to the statement required by § 56-23-101 shall be deemed perjury, and those who commit it shall be punished as in other cases of perjury. (b) The company in whose interest the false statement is made shall be denied the right to do business for twelve (12) mont…
Tenn. Code Ann. § 56-23-103 Ceding insurers credited pro rata unearned premium liability
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For the purpose of determining the financial condition of a ceding insurer, only if the reinsurance is effected by the ceding insurer in any assuming insurer authorized to do such business in this state, or in any other state of the United States or the District of Columbia, the …
Tenn. Code Ann. § 56-23-104 Assuming insurers — Determination of financial condition
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For the purpose of determining the financial condition of any assuming insurer, the insurer shall be charged with an amount in its unearned premium liability equal to the amount of the deductions specified in § 56-23-103, and in its valuation reserve liability with an amount at l…
