Every subscription contract made by a vision service plan corporation shall provide for the payment of vision services for a minimum period of twelve (12) months from the date of issue of the subscription certificate. The contract may provide that it shall be subject to renewal thereafter from year to year unless there has been one (1) month's prior written notice of termination by the vision service plan corporation. A subscriber shall forfeit membership upon failure to renew the contract, or upon voluntary resignation. During the first contract year, the contract may provide that the inception coverage may be deferred for not more than two (2) months from date of issue of the contract.
Structure 2021 Tennessee Code
Chapter 31 - Vision Service Plan Law
§ 56-31-102. Chapter Definitions
§ 56-31-104. Articles of Incorporation — Approval by Commissioner
§ 56-31-105. Board of Directors
§ 56-31-106. Restrictions on Right to Establish and Operate Plan
§ 56-31-108. Agreements With Participating Optometrists
§ 56-31-110. Application for License — Form — Accompanying Documents — Filing Fee
§ 56-31-111. Issuance of License — Prerequisites
§ 56-31-112. Investment of Funds
§ 56-31-113. Expenses — Limitation
§ 56-31-114. Purchase of Liability Insurance Authorized
§ 56-31-115. Financial and Statistical Records
§ 56-31-116. Annual Statement — Form — Filing Fee
§ 56-31-117. Examination — Rehabilitation or Liquidation
§ 56-31-119. License Renewal — Agent's Certificate of Authority
§ 56-31-120. Orders of Commissioner — Publication of Regulations — Subscription Contracts — Rates
§ 56-31-122. Revocation of License for Violation of Chapter
§ 56-31-123. Review of Order of Commissioner — Writ of Certiorari
§ 56-31-124. Subscription Contracts — Right to Enter — Rates — Professional Relationship
§ 56-31-127. Form of Subscription Certificate
§ 56-31-129. Settlement of Dispute or Controversy by Commissioner — Review of Decision