Nothing in this chapter precludes the commissioner from initiating judicial proceedings to place an insurer in conservation, rehabilitation or liquidation proceedings or other delinquency proceedings, however designated under the laws of this state, regardless of whether the commissioner has previously initiated administrative supervision proceedings under this chapter against the insurer.
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