Tennessee Statutes
§ 56-21-122 — Accepting or rejecting insurance shall not be compensated by commissions on premiums
Tennessee § 56-21-122
JurisdictionTennessee
Title56
This text of Tennessee § 56-21-122 (Accepting or rejecting insurance shall not be compensated by commissions on premiums) 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. § 56-21-122 (2026).
Text
No officer or other person whose duty it is to determine the character of the risk and upon whose decision the application for insurance thereon shall finally be accepted or rejected shall receive as compensation any commission upon the premium; but the person's compensation shall be a fixed salary, fee, or the part of the net profits of the company as the board of directors may determine.
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Legislative History
Acts 1907, ch. 461, § 7; Shan., § 3369a21; Acts 1921, ch. 160, § 7; Code 1932, § 6272; T.C.A. (orig. ed.), § 56-2024.
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Bluebook (online)
Tennessee § 56-21-122, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-21-122.