Tennessee Statutes
§ 56-10-108 — Merger of subsidiary company
Tennessee § 56-10-108
JurisdictionTennessee
Title56
This text of Tennessee § 56-10-108 (Merger of subsidiary company) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 56-10-108 (2026).
Text
If the domestic company owns at least ninety percent (90%) of the outstanding shares of another domestic or foreign stock insurance company, it may merge the other company into itself without approval by a vote of the shareholders of either company in accordance with § 48-21-102 . In the event, the approval of the commissioner shall be obtained in the manner specified in § 56-10-104 .
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Legislative History
Acts 1968, ch. 448, § 4; impl. am. Acts 1971, ch. 137, § 2; T.C.A., § 56-3608.
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Commissioner head of departmentCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 56-10-108, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-10-108.