Tennessee Code 56-7-308 – Provisions in life insurance policies issued by foreign companies – Provisions in foreign policies of domestic companies
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 56-7-308
- 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
The policies of a life insurance company not organized under the laws of this state may, if approved by the commissioner of this state, contain any provision that the law of the state, territory, district, or country under which the company is organized prescribes shall be in the policies when issued in this state, and the policies of a life insurance company organized under the laws of this state may, when issued or delivered in any other state, territory, district, or country, contain any provision required by the laws of the state, territory, district, or country in which they are issued, anything in §§ 56-7-309 – 56-7-311, 56-7-2307, 56-7-2308, and 56-7-2311 to the contrary notwithstanding.