Tennessee Statutes
§ 56-28-108 — Acquisition and administrative expenses
Tennessee § 56-28-108
JurisdictionTennessee
Title56
This text of Tennessee § 56-28-108 (Acquisition and administrative expenses) 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. § 56-28-108 (2026).
Text
All acquisition and administrative expenses in connection with the hospital service corporation shall at all times be limited after the first year of operation so as not to exceed twenty-five percent (25%) of the total net premium income of the corporation. All acquisition and administrative expenses shall be subject to the approval of the commissioner.
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Legislative History
Acts 1945, ch. 98, § 12; C. Supp. 1950, § 4186.12; T.C.A. (orig. ed.), § 56-3008.
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Commissioner head of departmentCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 56-28-108, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-28-108.