Tennessee Statutes
§ 56-6-408 — Administrator's compensation not contingent on claim experience
Tennessee·Title 56
(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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Legislative History
Acts 1980, ch. 640, § 8.
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