(a) No company doing business under this chapter shall reinsure any of its business in any unauthorized company, except upon the written approval of the commissioner.

Terms Used In Tennessee Code 56-23-108

  • 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
  • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
(b) The company shall pay the tax prescribed by chapter 4, part 2 of this title on all business it reinsures in companies not having their domicile in this state.
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