Tennessee § 56-13-113 Membership in rating organizations - Exemption from compulsory associations

Tennessee Statutes

§ 56-13-113 — Membership in rating organizations - Exemption from compulsory associations

Tennessee § 56-13-113

Title56

This text of Tennessee § 56-13-113 (Membership in rating organizations - Exemption from compulsory associations) 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. § 56-13-113 (2026).

Text

(a)No captive insurance company shall be required to join a rating organization.

(b)No captive insurance company shall be permitted to join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this state, nor shall any such captive insurance company, or any insured or affiliate thereof, receive any benefit from any such plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of such captive insurance company.

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(a) No captive insurance company shall be required to join a rating organization. (b) No captive insurance company shall be permitted to join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this state, nor shall any such captive insurance company, or any insured or affiliate thereof, receive any benefit from any such plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of such captive insurance company.