Tennessee Statutes

§ 56-16-206 — Advancement of funds for operation

Tennessee § 56-16-206

This text of Tennessee § 56-16-206 (Advancement of funds for operation) 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. § 56-16-206 (2026).

Text

The attorney or other interested persons may advance to a domestic reciprocal any funds required in its operations. The funds advanced shall not be treated as a liability of the reciprocal and shall not be withdrawn or repaid except out of the reciprocal's earned surplus in excess of its minimum required surplus.

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Legislative History

Acts 1990, ch. 728, § 2; T.C.A. § 56-16-306.

Nearby Sections

15
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Bluebook (online)
Tennessee § 56-16-206, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-16-206.