Tennessee Code 56-16-110 – Attorney for foreign reciprocal – Execution of contracts
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Terms Used In Tennessee Code 56-16-110
- Attorney: means the person designated and authorized by subscribers as the attorney-in-fact having authority to obligate them on reciprocal insurance contracts. See Tennessee Code 56-16-102
- Reciprocal: means the aggregation of subscribers under a common name. See Tennessee Code 56-16-102
Reciprocal insurance contracts shall be executed by the attorney of the reciprocal.