2021 Tennessee Code
Chapter 21 - State Mutual Fire Insurance Companies
§ 56-21-104. Investment of Guaranty Capital and Other Assets

The capital and other invested assets of the company shall be invested in real estate mortgages or mortgage notes, not exceeding one half (½) of the value of the property, or in such other securities as are permitted for investment by domestic stock fire insurance companies.

Structure 2021 Tennessee Code

2021 Tennessee Code

Title 56 - Insurance

Chapter 21 - State Mutual Fire Insurance Companies

§ 56-21-102. Deposit of Securities

§ 56-21-103. Interest and Dividends From Guaranty Capital Securities to Subscribers — Dividends on Paid-Up Shares

§ 56-21-104. Investment of Guaranty Capital and Other Assets

§ 56-21-106. Retirement or Liquidation of Guaranty Capital

§ 56-21-107. Return to Guarantors Upon Retirement or Liquidation of Guaranty Capital

§ 56-21-109. Reinsurance Reserve — Computation

§ 56-21-111. Annual Report to Commissioner — Fee

§ 56-21-113. Guaranty Capitalized Companies Maintaining Reinsurance Reserves May Limit Premiums in Policies

§ 56-21-114. Policy and Its Prescribed Requisites Constitute the Contract

§ 56-21-115. Regular and Contingent Premium Information in Policy

§ 56-21-117. Policyholder's Liability — Computation as Assets of Company

§ 56-21-118. Extent of Policyholder's Liability

§ 56-21-119. Lien on Insured Property for Premiums and Other Policy Obligations

§ 56-21-120. Action to Collect Premiums or Other Obligation — Costs and Attorney's Fee

§ 56-21-121. Voting Rights of Policyholders and Guarantors — Election of Directors — Qualifications of Officers and Directors

§ 56-21-122. Accepting or Rejecting Insurance Shall Not Be Compensated by Commissions on Premiums

§ 56-21-123. Maximum Amounts of Fire Risks Prescribed

§ 56-21-124. Reinsurance of Fire Risks With or for Other Companies

§ 56-21-125. Reinsurance of Excess Fire Risks — Reinsurance in Unauthorized Company — Premium Tax

§ 56-21-126. Reinsurance of Fire Risks to Be Deducted in Determining Limit of Insurance

§ 56-21-127. Premium Rate or Assessment Paid to Reinsuring Company

§ 56-21-128. Regular Policies, Assessments and Premium Rates Apply to Reinsurance

§ 56-21-129. Dividends to Policyholders

§ 56-21-130. Certificate of Authority for Agents — Fee

§ 56-21-131. Conversion of State Mutual Fire Insurance Company to State Stock Fire Insurance Company

§ 56-21-132. Guaranty Capital — Contingent Premiums