Tennessee § 56-41-105 Plan of operation - Insurers and agents required to participate

Tennessee Statutes

§ 56-41-105 — Plan of operation - Insurers and agents required to participate

Tennessee § 56-41-105

Title56

This text of Tennessee § 56-41-105 (Plan of operation - Insurers and agents required to participate) 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. § 56-41-105 (2026).

Text

(a)The plan of operation shall require participation by all insurers licensed in Tennessee and transacting direct insurance of the type covered by the specific plan, and all agents appointed to represent the insurers in this state for the specified types of business, except that the commissioner may exclude classes of persons for administrative convenience or because it is not equitable or practicable to require them to participate in the plan. "Type of insurance" means personal or commercial property and casualty coverage as defined in this title.

(b)The plan may provide for optional participation by insurers not required to participate under subsection (a).

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(a) The plan of operation shall require participation by all insurers licensed in Tennessee and transacting direct insurance of the type covered by the specific plan, and all agents appointed to represent the insurers in this state for the specified types of business, except that the commissioner may exclude classes of persons for administrative convenience or because it is not equitable or practicable to require them to participate in the plan. "Type of insurance" means personal or commercial property and casualty coverage as defined in this title. (b) The plan may provide for optional participation by insurers not required to participate under subsection (a).