No foreign reciprocal shall be licensed to transact the business of insurance in this state unless it has filed with the department a certificate of the supervising insurance official of the state in which it is organized. The certificate shall show that the foreign reciprocal is licensed to write and is writing actively in that state the class of insurance it proposes to write in this state.
Structure 2021 Tennessee Code
Chapter 16 - Exchange or Reciprocal Insurance Act of 1990
Part 1 - Exchange or Reciprocal Insurance
§ 56-16-103. Licensed Reciprocal Authorized to Write Certain Classes of Insurance
§ 56-16-106. Business Name — Requirements
§ 56-16-108. Foreign Reciprocals — Licensing Requirements
§ 56-16-109. Attorney for Foreign Reciprocal — Residence and Principal Office
§ 56-16-110. Attorney for Foreign Reciprocal — Execution of Contracts
§ 56-16-111. Agent for Reciprocal — License Required — Appointment
§ 56-16-114. Return of Savings or Credits to Subscribers — Distribution
§ 56-16-115. Maintenance of Reserves — Requirements
§ 56-16-118. Judgment Against Reciprocal — Effect
§ 56-16-119. Service on Board of Directors by Persons Who Perform Legal or Professional Service