Tennessee Code 56-45-106 – Countersignature
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 56-45-106
- Insurance: means primary insurance, excess insurance, reinsurance, surplus lines insurance and any other arrangement for shifting and distributing risk that is determined to be insurance under the laws of this state. See Tennessee Code 56-45-102
- Risk retention group: means any corporation or other limited liability association:
(A) Whose primary activity consists of assuming and spreading all, or any portion, of the liability exposure of its group members. See Tennessee Code 56-45-102
A policy of insurance issued to a risk retention group, or any member of that group, shall not be required to be countersigned.