Tennessee Statutes

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

Tennessee § 56-16-114

This text of Tennessee § 56-16-114 (Return of savings or credits to subscribers - Distribution) 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. § 56-16-114 (2026).

Text

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.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Tennessee § 56-16-114, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-16-114.