Tennessee § 56-1-918 - Single state exemption.
Full text of Tennessee Tennessee Code Annotated § 56-1-918 — Single state exemption., with citation guidance and answers to common questions.
§ 56-1-918. Single state exemption.
The commissioner may exempt specific product forms or product lines of a domestic company that is licensed and doing business only in this state from § 56-1-914; provided, that: The commissioner has issued an exemption in writing to the company and has not subsequently revoked the exemption in writing; and The company computes reserves using assumptions and methods used prior to the operative date of the valuation manual in addition to any requirements established by the commissioner and promulgated by regulation. For any company granted an exemption under this section, §§ 56-1-903 — 56-1-913 shall be applicable. With respect to any company applying this exemption, any reference to § 56-1-914 found in §§ 56-1-903 — 56-1-913 shall not be applicable. Acts 2013, ch. 260, § 3.
Frequently Asked Questions About Tennessee § 56-1-918
What does Tennessee Code Annotated § 56-1-918 cover?
Section 56-1-918 ("Single state exemption.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 56-1-918?
A common citation format is "Tennessee Code Annotated § 56-1-918" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 56-1-918 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.