Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Part 1 - General Provisions
§ 56-3-104. Investments of Domestic Company in Which Officers Pecuniarily Interested Not to Be Allowed as an Admitted Asset - No funds of a company invested in violation of §...
§ 56-3-109. Dividends — Illegal Division — Directors' Liability to Creditors - Moneys received as premiums upon risks undetermined and outstanding, at...
§ 56-3-110. Unclaimed Dividends — Publication - Every insurance company doing business in this state shall, on...
§ 56-3-115. Bonds or Other Evidences of Debt of a Domestic Insurance Company — Reinsurance Liability — Limitations - Notwithstanding § 56-1-405, where bonds or other evidences of debt...
Part 2 - Claims Office Requirements
§ 56-3-202. Contracts Made by Resident Agent - Sections 56-3-201 and 56-3-203 do not apply to solicitations, offers,...
§ 56-3-203. Failure to Provide Claims Office — Penalty - Life, accident, hospitalization and health insurance companies that violate §...
Part 3 - Investments of Domestic Life Insurance Companies
§ 56-3-302. Part Definitions - As used in this part: Shall be deducted from the...
§ 56-3-303. Authorized Investments - The qualification or disqualification of an investment under one (1)...
§ 56-3-306. Time for Disposal of Real Estate — Extension of Time - Real property specified in § 56-3-305(a)(2)-(4), which is not necessary...
§ 56-3-307. Investments or Loans of Domestic Life Insurance Companies Limited - No domestic life insurance company shall invest or loan its...
Part 4 - Investments of Other Domestic Insurance Companies
§ 56-3-401. Part Definitions - As used in this part, unless the context otherwise requires:
§ 56-3-402. Investment of Assets by Certain Domestic Insurance Companies - Domestic insurance companies may invest their assets only as follows:...
§ 56-3-405. Acquisition and Conveyance of Real Property - Domestic insurance companies may acquire, hold and convey real property...
§ 56-3-406. Disposition of Real Property - All property specified in § 56-3-405(2)-(4), which is not necessary...
§ 56-3-407. Manner of Investment Exclusive - No domestic insurance company shall invest or loan its funds...
§ 56-3-409. Eligible Investments - Any particular investment that the insurance company held on September...
Part 5 - Separate Accounts and Allocations
§ 56-3-502. Investment of Amounts Allocated to Separate Accounts - The amounts allocated to each account and accumulations on the...
§ 56-3-503. Gains and Losses Credited to or Charged Against Allocation - The income, if any, and gains and losses, realized or...
§ 56-3-504. Valuation of Assets Allocated to Separate Account - Assets allocated to a separate account shall be valued at...
§ 56-3-505. Amounts Allocated to Be Company Owned - Amounts allocated to a separate account in the exercise of...
§ 56-3-506. Agreements Providing for Annuity Benefits on a Variable Basis — Statements Required - If the agreement provides for payment of benefits in variable...
§ 56-3-507. Authorization for Delivery of Agreements Providing Benefits on a Variable Basis — Determination of Qualification - No domestic life insurance company, and no other life insurance...
§ 56-3-508. Regulation of Agreements — Rulemaking Power — Licensing - The commissioner has the sole authority to regulate the issuance...
§ 56-3-509. Separate Accounts — Insurance Laws Applicable — Required Provisions of Variable Life Agreements - Except for §§ 56-7-401, 56-7-2307(2), (7), (10) and (12), and...
Part 7 - Restrictions on Beneficial Owners, Directors and Officers
§ 56-3-701. “Equity Security” Defined - As used in this part, “equity security” means any stock...
§ 56-3-702. Equity Securities of Domestic Stock Insurance Companies — Statements of Beneficial Owners, Directors and Officers - Every person who is directly or indirectly the beneficial owner...
§ 56-3-704. Restrictions on Sale of Equity Securities - It is unlawful for the beneficial owner, director, or officer,...
§ 56-3-706. Foreign and Domestic Arbitrage Transactions Exempt - Sections 56-3-702 — 56-3-704 do not apply to foreign or...
§ 56-3-707. Conditions Exempting Equity Securities - Sections 56-3-702 — 56-3-704 do not apply to equity securities...
Part 8 - Voluntary Deposit of Securities
§ 56-3-801. Voluntary Deposit of Securities for Protection of State Policyholders and Creditors - Any insurance company may deposit and maintain on deposit with...
§ 56-3-802. Authority to Hold Securities - The commissioner is authorized to accept the deposits, and the...
§ 56-3-803. Delivery Back to Insurance Company - Upon a showing that the interest of Tennessee policyholders will...
§ 56-3-804. Rules and Regulations - Consistent with this title, the commissioner may adopt reasonable rules...
Part 9 - Deposit of Securities in Clearing Corporations
§ 56-3-901. Purpose - The purpose of this part is to authorize insurance companies...
§ 56-3-902. Part Definitions - As used in this part: