§ 56-7-2001 Short title
§ 56-7-2002 Purpose
§ 56-7-2003 Plan not deemed to be insurance – Conditions
§ 56-7-2004 Maintenance of minimum essential health coverage
§ 56-7-2005 Presumption that operating entity satisfies requirements regarding health care sharing ministries
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Terms Used In Tennessee Code > Title 56 > Chapter 7 > Part 20 - Memphis Plan Act of 1991

  • Commissioner: means the commissioner of commerce and insurance. See Tennessee Code 56-1-102
  • 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.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.