Tennessee Code 56-13-307 – Taxation
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 56-13-307
- Branch business: means any insurance business transacted by a branch captive insurance company in this state. See Tennessee Code 56-13-302
- Captive insurance company: means any pure captive insurance company, association captive insurance company, agency captive insurance company, industrial insured captive insurance company, risk retention group, protected cell captive insurance company, incorporated cell captive insurance company, or special purpose financial captive insurance company formed or licensed under this chapter. See Tennessee Code 56-13-102
In the case of a branch captive insurance company, the tax provided for in § 56-13-114 shall apply only to the branch business of such company.