Tennessee § 56-16-208 Assessments - Time limit for paying

Tennessee Statutes

§ 56-16-208 — Assessments - Time limit for paying

Tennessee § 56-16-208

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This text of Tennessee § 56-16-208 (Assessments - Time limit for paying) 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. § 56-16-208 (2026).

Text

Every subscriber of a domestic reciprocal having contingent assessment liability shall be liable for and shall pay the subscriber's share of any assessment computed in accordance with § 56-16-207 if, while the policy is in force or within one (1) year after its termination, the subscriber is notified:

(1)By the attorney of the attorney's intention to levy the assessment; or (2) That delinquency proceedings have been commenced against the reciprocal under chapter 9 of this title, and the department or receiver intends to levy an assessment.

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Every subscriber of a domestic reciprocal having contingent assessment liability shall be liable for and shall pay the subscriber's share of any assessment computed in accordance with § 56-16-207 if, while the policy is in force or within one (1) year after its termination, the subscriber is notified: (1) By the attorney of the attorney's intention to levy the assessment; or (2) That delinquency proceedings have been commenced against the reciprocal under chapter 9 of this title, and the department or receiver intends to levy an assessment.