Tennessee Code 56-1-601 – Duty of commissioner to keep records of proceedings and examinations

(a) The commissioner shall preserve in a permanent form a record of the commissioner’s proceedings, including a concise statement of the result of official examinations of insurance companies.

Terms Used In Tennessee Code 56-1-601

Commissioner: means the commissioner of commerce and insurance. See Tennessee Code 56-1-102
Department: means the department of commerce and insurance. See Tennessee Code 56-1-102
Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in a perceivable form. See Tennessee Code 1-3-105
Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105

(b) The commissioner shall, annually, and as early as consistent with full and accurate preparation, make a report to the governor of all official transactions, and shall include in the report a statement of the receipts and expenditures of the department for the preceding year, an exhibit of the financial condition and business transactions of the several insurance companies as disclosed by their annual statements, abstracts of which statements shall appear in the report, and other information and comments in relation to insurance and the public interest in insurance the commissioner deems fit to communicate.

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Tennessee Code 56-1-601 – Duty of commissioner to keep records of proceedings and examinations – Commissioner’s report

Terms Used In Tennessee Code 56-1-601

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