Tenn. Code § 56-5-116

Current through Acts 2023-2024, ch. 1069
Section 56-5-116 - Payment of dividends, savings, and premium deposits unaffected

Nothing in this part shall be construed to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan.

T.C.A. § 56-5-116

Acts 1983, ch. 66, § 17.