Tennessee Statutes

§ 56-7-706 — Premiums or assessments for industrial or fraternal insurance not to be received after insolvency

Tennessee § 56-7-706

This text of Tennessee § 56-7-706 (Premiums or assessments for industrial or fraternal insurance not to be received after insolvency) 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. § 56-7-706 (2026).

Text

No officer, director, or agent of an insurance company or association transacting an industrial insurance business in this state shall knowingly and willfully receive any premium or assessment on behalf of any industrial insurance company or association or fraternal organization, knowing at the time of receipt of the premium or assessment that the company or association is insolvent according to the laws of the state of the organization of the company, without giving notice to the person paying the premium or assessment.

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Legislative History

Acts 1917, ch. 7, § 2; Shan., § 3369a151; Code 1932, § 6444; T.C.A. (orig. ed.), § 56-1133; Acts 1989, ch. 591, § 113.

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Bluebook (online)
Tennessee § 56-7-706, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-7-706.