Tenn. Code § 56-21-104

Current through Acts 2023-2024, ch. 1069

Section 56-21-104 - Investment of guaranty capital and other assets

The capital and other invested assets of the company shall be invested in real estate mortgages or mortgage notes, not exceeding one half (1/2) of the value of the property, or in such other securities as are permitted for investment by domestic stock fire insurance companies.

T.C.A. § 56-21-104

Acts 1907, ch. 461, § 2; Shan., § 3369a5; Acts 1921, ch. 160, § 2; Code 1932, § 6256; T.C.A. (orig. ed.), § 56-2006.