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Tennessee Code Title 56. Insurance § 56-6-303

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

In the event time-price differential charges are made pursuant to this part, the purchaser of insurance must agree to the charges in writing, and the instrument must contain:

(1) The cash price of the insurance policy or bond and the amount of the initial payment, if any;

(2) The difference between the two (2), if any;

(3) The principal balance owed;

(4) The amount of the time-price differential; and

(5) The time balance owed by the buyer.

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Cite this article: FindLaw.com - Tennessee Code Title 56. Insurance § 56-6-303 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-56-insurance/tn-code-sect-56-6-303/

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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