Tennessee § 56-12-105 - Creation of association.
Full text of Tennessee Tennessee Code Annotated § 56-12-105 — Creation of association., with citation guidance and answers to common questions.
§ 56-12-105. Creation of association.
There is created a nonprofit unincorporated legal entity to be known as the Tennessee insurance guaranty association. All insurers defined as member insurers shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under § 56-12-109 and shall exercise its powers through a board of directors established under § 56-12-107. For purposes of assessment, and the maintenance of records, the association shall be divided into two (2) separate accounts as follows: The workers' compensation insurance account; and The account for all other insurance to which this part applies. Acts 1971, ch. 180, § 5; T.C.A., § 56-4005.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-12-105
What does Tennessee Code Annotated § 56-12-105 cover?
Section 56-12-105 ("Creation of association.") 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 § 56-12-105?
A common citation format is "Tennessee Code Annotated § 56-12-105" (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 § 56-12-105 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.