(a) This chapter shall be known and may be cited as the “Revised Tennessee Captive Insurance Act.”

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Terms Used In Tennessee Code 56-13-101

  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(b) The purpose of this chapter is to establish the procedures for the organization and regulation of the operations of captive insurance companies within this state and thereby promote the general welfare of the people of this state.