During the period of supervision, the insurer may contest an action taken or proposed to be taken by the supervisor, specifying the manner wherein the action being complained of would not result in improving the condition of the insurer. Denial of the insurer's request upon reconsideration entitles the insurer to request a proceeding under the Uniform Administrative Procedures Act, compiled in title 4, chapter 5.
Structure 2021 Tennessee Code
Chapter 9 - Insurers Rehabilitation and Liquidation Act
§ 56-9-505. Acts the Commissioner May Prohibit During Period of Supervision
§ 56-9-506. Insurers May Contest Actions of Supervisor
§ 56-9-507. Commissioner — Power to Institute Judicial Proceedings
§ 56-9-508. Commissioner's Authority to Adopt Rules
§ 56-9-509. Commissioner and Supervisor — Meetings to Carry Out Duties
§ 56-9-510. Commissioner and Department — Limitation of Liability