Tennessee § 56-10-108 - Merger of subsidiary company.
Full text of Tennessee Tennessee Code Annotated § 56-10-108 — Merger of subsidiary company., with citation guidance and answers to common questions.
§ 56-10-108. Merger of subsidiary company.
If the domestic company owns at least ninety percent (90%) of the outstanding shares of another domestic or foreign stock insurance company, it may merge the other company into itself without approval by a vote of the shareholders of either company in accordance with § 48-21-102 . In the event, the approval of the commissioner shall be obtained in the manner specified in § 56-10-104 . Acts 1968, ch. 448, § 4; impl. am. Acts 1971, ch. 137, § 2; T.C.A., § 56-3608.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-10-108
What does Tennessee Code Annotated § 56-10-108 cover?
Section 56-10-108 ("Merger of subsidiary company.") 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 § 56-10-108?
A common citation format is "Tennessee Code Annotated § 56-10-108" (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 § 56-10-108 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.