Tennessee Statutes
§ 56-5-116 — Payment of dividends, savings, and premium deposits unaffected
Tennessee·Title 56
Nothing in this part shall be construed to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan.
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Legislative History
Acts 1983, ch. 66, § 17.
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