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Tennessee Code Title 56. Insurance § 56-6-201

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

(a) In addition to other powers permitted to banks by title 45, a state bank may own, operate or manage an insurance company offering only surety insurance, as defined in § 56-2-201(6)(E).

(b) An insurance company owned by a bank shall comply with all Tennessee law applicable to insurance companies and shall be regulated by the commissioner of commerce and insurance.

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Cite this article: FindLaw.com - Tennessee Code Title 56. Insurance § 56-6-201 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-56-insurance/tn-code-sect-56-6-201/

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