Tenn. Code § 55-12-204

Current through Acts 2023-2024, ch. 1069
Section 55-12-204 - Development of insurance verification program - Consultation with certain entities required
(a) The commissioner of revenue shall develop, implement, and administer an insurance verification program to electronically verify whether the financial responsibility requirements of this chapter have been met with a motor vehicle liability insurance policy; provided, the commissioner may contract with a designated agent to develop, implement, and administer the program.
(b) Prior to issuance of a request for proposal for the services of a designated agent or prior to developing and implementing the program, the department of revenue or, if applicable, its designated agent shall consult with the following entities to determine the details and deadlines related to the program:
(1) Automobile liability insurers;
(2) Private service providers who have successfully developed and implemented similar verification systems in other states;
(3) The department of safety; and
(4) The department of commerce and insurance.

T.C.A. § 55-12-204

Added by 2015 Tenn. Acts, ch. 511,s 1, eff. 1/1/2016.