Tennessee Statutes

§ 56-16-114 — Return of savings or credits to subscribers - Distribution

Tennessee·Title 56
A reciprocal may return to its present or past subscribers, or both, any savings or credits accruing to their accounts. The distribution shall not unfairly discriminate between classes of risks or policies, or between subscribers. However, the distribution may vary for classes of subscribers based upon the experience of those classes.

Free access — add to your briefcase to read the full text and ask questions with AI

Tennessee § 56-16-114 (Return of savings or credits to subscribers - Distribution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1990, ch. 728, § 2; T.C.A. § 56-16-214.

Nearby Sections

15
View on official source ↗