Tennessee Statutes

§ 56-12-119 — Credit for guaranty fund assessments

Tennessee § 56-12-119

This text of Tennessee § 56-12-119 (Credit for guaranty fund assessments) 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. § 56-12-119 (2026).

Text

Assessments made by the Tennessee insurance guaranty association as provided in § 56-12-107(a)(3) shall be allowed as a credit against premium taxes imposed on member insurers up to twenty-five percent (25%) of the net premium taxes due in any one (1) calendar year, until the aggregate of all assessments paid to the association have been offset by such premium tax credits.

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Legislative History

Acts 1975, ch. 63, § 2; T.C.A., § 56-4019.

Nearby Sections

15
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Bluebook (online)
Tennessee § 56-12-119, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-12-119.