Tennessee Statutes
§ 56-6-915 — Escrow or trust account
Tennessee·Title 56
A public adjuster who receives, accepts or holds any funds on behalf of an insured, towards the settlement of a claim for loss or damage, shall deposit the funds in a noninterest-bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the insured's home state or in the state where the loss occurred.
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Legislative History
Acts 2006, ch. 997, § 16.
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