Tennessee Statutes
§ 56-21-117 — Policyholder's liability - Computation as assets of company
Tennessee § 56-21-117
JurisdictionTennessee
Title56
This text of Tennessee § 56-21-117 (Policyholder's liability - Computation as assets of company) 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. § 56-21-117 (2026).
Text
The contingent liabilities of the policyholders shall be computed as contingent assets of the company. The unpaid regular premium and premium notes of the policyholders not over twelve (12) months due shall be computed as ledger assets of the company.
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Legislative History
Acts 1907, ch. 461, § 5; Shan., § 3369a16; Acts 1921, ch. 160, § 5; Code 1932, § 6267; T.C.A. (orig. ed.), § 56-2019.
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Bluebook (online)
Tennessee § 56-21-117, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-21-117.