Tennessee Statutes
§ 56-22-110 — Required aggregate excess of loss reinsurance policy
Tennessee·Title 56
All county mutual insurance companies shall be required to carry an aggregate excess of loss reinsurance policy of no less than five percent (5%) of business in force. The amount required for such a policy shall be reduced by the county mutual insurance company's accumulated surplus.
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Legislative History
Acts 2006, ch. 689, §§ 3, 13.
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