Tennessee § 56-11-203 - Risk management framework required.
Full text of Tennessee Tennessee Code Annotated § 56-11-203 — Risk management framework required., with citation guidance and answers to common questions.
§ 56-11-203. Risk management framework required.
An insurer or health maintenance organization shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing and reporting on its material and relevant risks. This requirement may be satisfied if the insurance group of which the insurer or health maintenance organization is a member maintains a risk management framework applicable to the operations of the insurer or health maintenance organization. Acts 2014, ch. 583, § 26. Compiler's Notes. Acts 2014, ch. 583, § 27 provided that the first filing of the Own Risk and Solvency Assessment Summary Reports shall be made in 2015.
Frequently Asked Questions About Tennessee § 56-11-203
What does Tennessee Code Annotated § 56-11-203 cover?
Section 56-11-203 ("Risk management framework required.") 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 § 56-11-203?
A common citation format is "Tennessee Code Annotated § 56-11-203" (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 § 56-11-203 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.