Any violation of §§ 56-2-401 — 56-2-403 and this section by an insurance company or other insurance entity that is financially owned or financially controlled by any alien or foreign government outside the continental limits of the United States or the territories of the United States, or by any representative or agent of the company or entity, is declared to be a public nuisance, and the commissioner is authorized and empowered to enjoin the nuisance by injunctive proceedings in the chancery court in like manner as is provided by the general statutes pertaining to enjoining nuisances.
Structure 2021 Tennessee Code
Chapter 2 - Insurance Companies
Part 4 - Foreign and Alien Insurance Companies
§ 56-2-402. Issuance of License to Company Controlled by Foreign Government Prohibited
§ 56-2-403. Penalty for Violations
§ 56-2-404. Foreign Government Controlled Company as Public Nuisance — Injunction
§ 56-2-407. Revocation of Authority of Foreign Companies
§ 56-2-408. Licenses of Foreign Insurance Companies Expire on July 1
§ 56-2-409. Renewal of License of Foreign Fire or Marine Companies — Terms