Tennessee § 56-3-801 Voluntary deposit of securities for protection of state policyholders and creditors

Tennessee Statutes

§ 56-3-801 — Voluntary deposit of securities for protection of state policyholders and creditors

Tennessee § 56-3-801

Title56

This text of Tennessee § 56-3-801 (Voluntary deposit of securities for protection of state policyholders and creditors) 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. § 56-3-801 (2026).

Text

Any insurance company may deposit and maintain on deposit with the state treasurer, securities as defined in § 56-3-303(a)(1)-

(4), (7) and (8) , to be held for the exclusive protection of its policyholders and creditors in this state; provided, that the deposit shall not exceed one hundred percent (100%) of that portion of the insurance company's reserves as is fairly allocable to insurance on risks located in this state.

Free access — add to your briefcase to read the full text and ask questions with AI

Any insurance company may deposit and maintain on deposit with the state treasurer, securities as defined in § 56-3-303(a)(1)-(4), (7) and (8) , to be held for the exclusive protection of its policyholders and creditors in this state; provided, that the deposit shall not exceed one hundred percent (100%) of that portion of the insurance company's reserves as is fairly allocable to insurance on risks located in this state.