Tennessee § 56-31-127 Form of subscription certificate

Tennessee Statutes

§ 56-31-127 — Form of subscription certificate

Tennessee § 56-31-127

Title56

This text of Tennessee § 56-31-127 (Form of subscription certificate) 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. § 56-31-127 (2026).

Text

In every subscription certificate or descriptive brochure referred to in this chapter:

(1)All printed portions shall be plainly printed in type of which the face is not smaller than ten-point type;

(2)There shall be a brief description of the subscription certificate on its first page and on the back in type not smaller than fourteen-point type. The description shall not be broader than the coverage granted in the contract;

(3)The exceptions of the contract shall appear with the same prominence in the certificate as the benefits of the contract, and reference to the exceptions shall be specifically made in the insuring clause; and (4) If the contract contains any provisions purporting to make any portion of the articles of incorporation or of the bylaws of the corporation a part of the

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In every subscription certificate or descriptive brochure referred to in this chapter: (1) All printed portions shall be plainly printed in type of which the face is not smaller than ten-point type; (2) There shall be a brief description of the subscription certificate on its first page and on the back in type not smaller than fourteen-point type. The description shall not be broader than the coverage granted in the contract; (3) The exceptions of the contract shall appear with the same prominence in the certificate as the benefits of the contract, and reference to the exceptions shall be specifically made in the insuring clause; and (4) If the contract contains any provisions purporting to make any portion of the articles of incorporation or of the bylaws of the corporation a part of the contract, that portion shall be set forth in full in the subscription certificate.