Tennessee Statutes

§ 66-29-115 — Deposit account for proceeds of insurance policy or annuity contract

Tennessee § 66-29-115

This text of Tennessee § 66-29-115 (Deposit account for proceeds of insurance policy or annuity contract) 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. § 66-29-115 (2026).

Text

If proceeds payable under a life or endowment insurance policy or annuity contract are deposited into an account with check or draft writing privileges for the beneficiary of the policy or contract, and the proceeds are retained by the insurance company or its agent under a supplementary contract not involving annuity benefits other than death benefits, the policy or contract includes the assets in the account.

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Related

Presley v. City of Memphis
769 S.W.2d 221 (Court of Appeals of Tennessee, 1988)
11 case citations
High Country Adventures, Inc. v. Polk County
(Court of Appeals of Tennessee, 2008)

Legislative History

Amended by 2017 Tenn. Acts, ch. 457,s 1, eff. 7/1/2017. Acts 1978, ch. 561, § 15; T.C.A., § 64-2915; Acts 1982, ch. 575, § 1; 1983, ch. 78, § 5; 1993, ch. 195, § 17; 1996, ch. 642, § 3; 2001, ch. 157, §§ 4, 5, 7; 2001, ch. 291, § 1; 2011, ch. 285, §§ 4, 5.

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Bluebook (online)
Tennessee § 66-29-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/66-29-115.