Tennessee § 56-19-113 - Maximum premium to be stated — Cash and contingent premiums.
Full text of Tennessee Tennessee Code Annotated § 56-19-113 — Maximum premium to be stated — Cash and contingent premiums., with citation guidance and answers to common questions.
§ 56-19-113. Maximum premium to be stated — Cash and contingent premiums.
The maximum premium payable by any member shall be expressed in the policy or in the application for the insurance. The maximum premium may be a cash premium and the contingent premium not less than the cash premium, or may be solely a cash premium. No policy shall be issued for a cash premium without an additional contingent premium, unless the company has a surplus of at least one hundred thousand dollars ($100,000) or a surplus that is not less in amount than the capital stock required of domestic stock insurance companies transacting the same kinds of insurance. Acts 1919, ch. 108, § 10; Shan. Supp., § 3369a58b16; Code 1932, § 6328; T.C.A. (orig. ed.), § 56-1713.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-19-113
What does Tennessee Code Annotated § 56-19-113 cover?
Section 56-19-113 ("Maximum premium to be stated — Cash and contingent premiums.") 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 § 56-19-113?
A common citation format is "Tennessee Code Annotated § 56-19-113" (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 § 56-19-113 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.