When any company subject to this chapter reinsures in another company the whole or a part of any risk it has outstanding by reason of the issuance of a policy of insurance, the company shall pay to the reinsuring company the regular rate or assessment that the company accepting the reinsurance may establish or require, and any money or assets of the state mutual fire insurance company shall be liable for the payment of the premium or assessment due.
Structure 2021 Tennessee Code
Chapter 21 - State Mutual Fire Insurance Companies
§ 56-21-102. Deposit of Securities
§ 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
§ 56-21-114. 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
§ 56-21-122. 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