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Current as of January 02, 2024 | Updated by Findlaw Staff
(a) The commissioner shall collect and pay into the state treasury the following nonrefundable fees:
(1) For receiving and reviewing each new application for admission from every foreign or domestic insurance company, including application for eligibility of surplus lines insurers, captive insurance companies, protected cells of captive insurance companies, and incorporated protected cells of captive insurance companies, six hundred seventy-five dollars ($675);
(2) For issuing each new certificate of authority to a company, foreign or domestic, including letter of notification of eligibility of surplus lines insurers, upon application for admission or eligibility, as the case may be, four hundred forty dollars ($440);
(3) For annual review for determination of continuing eligibility of surplus lines insurers, two hundred seventy dollars ($270);
(4) For each company's annual statement, five hundred fifteen dollars ($515);
(5) For amendments to the company's certificate of authority, ninety dollars ($90.00);
(6) For each seal of office, with certificate, seven dollars ($7.00);
(7) For copies of any paper on file or deposit with the commissioner or the commissioner's office, fifty cents (50¢) per page;
(8) For receiving and reviewing each change of business plan or change in ownership for a captive insurance company, four hundred dollars ($400); and
(9) For receiving and reviewing each change of ownership for a protected cell of a captive insurance company or an incorporated protected cell of a captive insurance company, one hundred twenty-five dollars ($125).
(b) This section shall apply to all insurance companies, including state and county mutual fire insurance companies, title insurance companies, associations, fraternal benefit societies, captive insurance companies and surplus lines insurers maintaining eligibility status, notwithstanding any law or statute under which companies, associations and societies may have been organized.
Cite this article: FindLaw.com - Tennessee Code Title 56. Insurance § 56-4-101 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-56-insurance/tn-code-sect-56-4-101/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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