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Current as of January 02, 2024 | Updated by Findlaw Staff
For purposes of this part:
(1) “Commissioner” means the commissioner of commerce and insurance or the commissioner's designee;
(2) “Covered personal property” means personal property covered under an occupant's self-service storage insurance policy;
(3) “Department” means the department of commerce and insurance;
(4) “Enrolled occupant” means an occupant who elects coverage under a self-service storage insurance policy issued to an owner;
(5) “Leased space” means the storage space or spaces at the self-service storage facility that is leased or rented to an occupant pursuant to a rental agreement;
(6) “Location” means any physical location in this state or any web site, or similar location directed to residents of this state;
(7) “Occupant” means a person, or a sublessee, successor or assign of such person, entitled to the use of leased or rented storage space at a self-service storage facility under a rental agreement, to the exclusion of others;
(8) “Owner” means:
(A) The owner, operator, lessor or sublessor of a self-service storage facility, the agent of such person; or
(B) Any person authorized by such person to manage the facility or to receive rent from an occupant under a rental agreement;
(9) “Personal property” means movable property not affixed to land and includes, but is not limited to, goods, wares, merchandise, household items and vehicles;
(10) “Rental agreement” means any agreement or lease, written or oral, that establishes or modifies the terms, conditions, rules or any other provisions concerning the use and occupancy of leased or rented storage space at a self-service storage facility;
(11) “Self-service storage facility”:
(A) Means any real property designed and used for the purpose of renting or leasing storage space to occupants who are to have access to such space for the purpose of storing and removing personal property; and
(B) Does not include any part of the real property used for residential purposes;
(12) “Self-service storage insurance”:
(A) Means insurance which may provide coverage for the repair or replacement of covered personal property against any one (1) or more of the following causes:
(i) Loss;
(ii) Theft;
(iii) Damage; or
(iv) Other similar causes of loss; and
(B) Does not include a homeowner's, renter's, private passenger automobile, commercial multi-peril or similar policy;
(13) “Self-service storage transaction” means the lease of self-service storage space by an owner to an occupant pursuant to a rental agreement;
(14) “Supervising entity” means a business entity that is a licensed insurance producer or insurer; and
(15) “Vehicle” means a motor vehicle, a trailer or a semitrailer as defined in §§ 55-1-103 and 55-1-105 and a vessel as defined in § 69-9-204.
Cite this article: FindLaw.com - Tennessee Code Title 56. Insurance § 56-6-1201 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-56-insurance/tn-code-sect-56-6-1201/
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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