Tennessee § 56-20-114 - Examination by commissioner — Payment of expenses — Prosecution of offending officers.
Full text of Tennessee Tennessee Code Annotated § 56-20-114 — Examination by commissioner — Payment of expenses — Prosecution of offending officers., with citation guidance and answers to common questions.
§ 56-20-114. Examination by commissioner — Payment of expenses — Prosecution of offending officers.
It is the duty of the commissioner, upon the application of five (5) members of any company doing business under this chapter, or two (2) directors, or the president or secretary, to examine into the management of such company, and the company shall pay the necessary expenses of the examination. Should the commissioner find that any officer or any number of officers have been, or are, at the time, violating this chapter or the bylaws of the company, the commissioner shall cause the officer or officers to be prosecuted, as with other corporations that are guilty of like violations. Acts 1895, ch. 220, § 10; Shan., § 3368; Code 1932, § 6250; T.C.A. (orig. ed.), § 56-1914.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-20-114
What does Tennessee Code Annotated § 56-20-114 cover?
Section 56-20-114 ("Examination by commissioner — Payment of expenses — Prosecution of offending officers.") 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 § 56-20-114?
A common citation format is "Tennessee Code Annotated § 56-20-114" (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 § 56-20-114 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.