Tennessee § 56-18-102 - Minimum capital requirements.
Full text of Tennessee Tennessee Code Annotated § 56-18-102 — Minimum capital requirements., with citation guidance and answers to common questions.
§ 56-18-102. Minimum capital requirements.
A domestic mutual life insurance company operating under this chapter shall not receive an original or renewal certificate of authority from the commissioner to issue policies or contracts of insurance unless it possesses and maintains capital or surplus funds as required by § 56-2-114. Subsection (a) does not apply to any insurance company chartered prior to March 15, 1976. Acts 1949, ch. 91, § 14; C. Supp. 1950, § 6433.26 (Williams, § 6433.30); Acts 1976, ch. 413, §§ 1, 3; T.C.A. (orig. ed.), § 56-1602.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-18-102
What does Tennessee Code Annotated § 56-18-102 cover?
Section 56-18-102 ("Minimum capital requirements.") 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 § 56-18-102?
A common citation format is "Tennessee Code Annotated § 56-18-102" (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 § 56-18-102 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.