Tennessee § 56-55-105 Conditions of required warranty insurance policy by warrantor

Tennessee Statutes

§ 56-55-105 — Conditions of required warranty insurance policy by warrantor

Tennessee § 56-55-105

Title56

This text of Tennessee § 56-55-105 (Conditions of required warranty insurance policy by warrantor) 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. § 56-55-105 (2026).

Text

No vehicle protection product shall be sold or offered for sale in this state unless the vehicle protection product warrantor is insured under a warranty insurance policy meeting the following conditions in order to ensure adequate performance under the warranty:

(1)The warranty reimbursement insurance policy is issued by an insurer authorized to do business in this state and provides that the insurer will pay to, or on behalf of, the warrantor one hundred percent (100%) of all sums that the warrantor is legally obligated to pay according to the warrantor's contractual obligations under the warrantor's vehicle protection product warranty;

(2)A true and correct copy of the warranty reimbursement insurance policy has been filed with the commissioner by the warrantor; and (3) The policy con

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No vehicle protection product shall be sold or offered for sale in this state unless the vehicle protection product warrantor is insured under a warranty insurance policy meeting the following conditions in order to ensure adequate performance under the warranty: (1) The warranty reimbursement insurance policy is issued by an insurer authorized to do business in this state and provides that the insurer will pay to, or on behalf of, the warrantor one hundred percent (100%) of all sums that the warrantor is legally obligated to pay according to the warrantor's contractual obligations under the warrantor's vehicle protection product warranty; (2) A true and correct copy of the warranty reimbursement insurance policy has been filed with the commissioner by the warrantor; and (3) The policy contains the provisions required by § 56-55-106 .