Tennessee Statutes
§ 56-29-110 — Acquisition and administrative expenses - Limitation - Approval
Tennessee·Title 56
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 56-29-110 (Acquisition and administrative expenses - Limitation - Approval) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1949, ch. 234, § 13; C. Supp. 1950, § 4186.55 (Williams, § 4186.58); T.C.A. (orig. ed.), § 56-3110.
Nearby Sections
15
§ 56-1-1001
Definitions§ 56-1-1002
Electronic opt-out provisions§ 56-1-101
Short title§ 56-1-111
Chronic weight management task force§ 56-1-202
Commissioner head of department