Tennessee Statutes
§ 56-18-102 — Minimum capital requirements
Tennessee § 56-18-102
JurisdictionTennessee
Title56
This text of Tennessee § 56-18-102 (Minimum capital requirements) 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. § 56-18-102 (2026).
Text
(a)A domestic mutual life insurance company operating under this chapter shall not receive an original or renewal certificate of authority from the commissioner to issue policies or contracts of insurance unless it possesses and maintains capital or surplus funds as required by § 56-2-114 .
(b)Subsection (a) does not apply to any insurance company chartered prior to March 15, 1976.
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Legislative History
Acts 1949, ch. 91, § 14; C. Supp. 1950, § 6433.26 (Williams, § 6433.30); Acts 1976, ch. 413, §§ 1, 3; T.C.A. (orig. ed.), § 56-1602.
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Commissioner head of departmentCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 56-18-102, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-18-102.