2023 Tennessee Code 4-28-107 – Restrictions on insurance companies and their affiliates

Current as of: 2023 | Check for updates | Other versions

An insurance company or affiliate of an insurance company shall not, directly or indirectly:

(1) Beneficially own, whether through rights, options, convertible interest or otherwise, fifteen percent (15%) or more of the voting securities or other voting ownership interest of a TNInvestco;