Tennessee Statutes

§ 56-29-110 — Acquisition and administrative expenses - Limitation - Approval

Tennessee § 56-29-110

This text of Tennessee § 56-29-110 (Acquisition and administrative expenses - Limitation - Approval) 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. § 56-29-110 (2026).

Text

All acquisition and administrative expenses in connection with the hospital service corporations shall at all times be limited after the first year of operation to not 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 1949, ch. 234, § 13; C. Supp. 1950, § 4186.55 (Williams, § 4186.58); T.C.A. (orig. ed.), § 56-3110.

Nearby Sections

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Bluebook (online)
Tennessee § 56-29-110, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-29-110.