Tennessee Code 56-12-209 – Plan of operation
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Terms Used In Tennessee Code 56-12-209
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Association: means the Tennessee life and health insurance guaranty association created under §. See Tennessee Code 56-12-203
- Commissioner: means the commissioner of commerce and insurance. See Tennessee Code 56-12-203
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105