Tennessee Code 56-2-205 – Insurance company may exercise one or all branches of authorized business
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 56-2-205
- 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.
The corporation may, at its option, exercise one (1) or more or all of the branches of business in which it is authorized to engage.