Tennessee Code 56-26-107 – Policy deliverable in another state
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 56-26-107
- Commissioner: means the commissioner of commerce and insurance. See Tennessee Code 56-26-101
- Person: means any association, aggregate of individuals, business, company, corporation, individual, joint-stock company, Lloyds-type organization, organization, partnership, receiver, reciprocal or interinsurance exchange, trustee or society. See Tennessee Code 56-16-102
- 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
If any policy is issued by an insurer domiciled in this state for delivery to a person residing in another state, and if the official having responsibility for the administration of the insurance laws of such other state has advised the commissioner that any such policy is not subject to approval or disapproval by the official, the commissioner may by ruling require that the policy meet the standards set forth in § 56-26-106 and in §§ 56-26-108 – 56-26-114.