2021 Tennessee Code
Chapter 45 - Risk Retention Groups and Purchasing Groups
§ 56-45-102. Chapter Definitions

As used in this chapter, unless the context otherwise requires:
Whose members are engaged in businesses or activities similar or related with respect to the liability of which the members are exposed by virtue of any related, similar or common business trade, product, services, premises or operations;
Whose activities do not include the provision of insurance other than:
Liability insurance for assuming and spreading all or any portion of the liability of its group members; and
Reinsurance with respect to the liability of any other risk retention group, or any members of the other group, that is engaged in businesses or activities so that the group or member meets the requirement described in subdivision (11)(F) from membership in the risk retention group that provides the reinsurance; and
The name of which includes the phrase “Risk Retention Group”; and
“State” means any state of the United States or the District of Columbia.

Structure 2021 Tennessee Code