(a) The commissioner shall require the actuaries employed pursuant to § 56-1-207 to compute the net value of outstanding policies of life insurance in companies, associations or fraternal orders authorized to transact business in this state as required by law.

Terms Used In Tennessee Code 56-1-208

  • Commissioner: means the commissioner of commerce and insurance. See Tennessee Code 56-1-102
  • 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
(b) The commissioner may assign other duties to the actuaries that the commissioner deems necessary or proper.
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