Tenn. Code § 56-22-110

Current through Acts 2023-2024, ch. 1069
Section 56-22-110 - Required aggregate excess of loss reinsurance policy

All county mutual insurance companies shall be required to carry an aggregate excess of loss reinsurance policy of no less than five percent (5%) of business in force. The amount required for such a policy shall be reduced by the county mutual insurance company's accumulated surplus.

T.C.A. § 56-22-110

Acts 2006, ch. 689, §§ 3, 13.