Tennessee Statutes

§ 56-21-127 — Premium rate or assessment paid to reinsuring company

Tennessee § 56-21-127

This text of Tennessee § 56-21-127 (Premium rate or assessment paid to reinsuring 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. § 56-21-127 (2026).

Text

When any company subject to this chapter reinsures in another company the whole or a part of any risk it has outstanding by reason of the issuance of a policy of insurance, the company shall pay to the reinsuring company the regular rate or assessment that the company accepting the reinsurance may establish or require, and any money or assets of the state mutual fire insurance company shall be liable for the payment of the premium or assessment due.

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Legislative History

Acts 1925, ch. 85, § 3; Shan. Supp., § 3369a29b4; Code 1932, § 6282; T.C.A. (orig. ed.), § 56-2029.

Nearby Sections

15
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Bluebook (online)
Tennessee § 56-21-127, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-21-127.