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Tennessee Code Title 56. Insurance § 56-29-110

Current as of January 02, 2024 | Updated by Findlaw Staff

All acquisition and administrative expenses in connection with the hospital service corporations shall at all times be limited after the first year of operation to not exceed twenty-five percent (25%) of the total net premium income of the corporation. All acquisition and administrative expenses shall be subject to the approval of the commissioner.

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Cite this article: FindLaw.com - Tennessee Code Title 56. Insurance § 56-29-110 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-56-insurance/tn-code-sect-56-29-110/

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