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Tennessee Code Title 56. Insurance § 56-3-801

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

Any insurance company may deposit and maintain on deposit with the state treasurer, securities as defined in § 56-3-303(a)(1)-(4), (7) and (8), to be held for the exclusive protection of its policyholders and creditors in this state; provided, that the deposit shall not exceed one hundred percent (100%) of that portion of the insurance company's reserves as is fairly allocable to insurance on risks located in this state.

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Cite this article: FindLaw.com - Tennessee Code Title 56. Insurance § 56-3-801 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-56-insurance/tn-code-sect-56-3-801/

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