Tennessee § 56-6-408 Administrator's compensation not contingent on claim experience

Tennessee Statutes

§ 56-6-408 — Administrator's compensation not contingent on claim experience

Tennessee § 56-6-408

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This text of Tennessee § 56-6-408 (Administrator's compensation not contingent on claim experience) 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. § 56-6-408 (2026).

Text

(a)With respect to any policies where an administrator adjusts or settles claims, the compensation to the administrator with regard to the policies shall in no way be contingent on claim experience.

(b)This section shall not prevent the compensation of an administrator from being based on premiums or charges collected or number of claims paid or processed.

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