Tennessee § 56-21-122 - Accepting or rejecting insurance shall not be compensated by commissions on premiums.
Full text of Tennessee Tennessee Code Annotated § 56-21-122 — Accepting or rejecting insurance shall not be compensated by commissions on premiums., with citation guidance and answers to common questions.
§ 56-21-122. Accepting or rejecting insurance shall not be compensated by commissions on premiums.
No officer or other person whose duty it is to determine the character of the risk and upon whose decision the application for insurance thereon shall finally be accepted or rejected shall receive as compensation any commission upon the premium; but the person's compensation shall be a fixed salary, fee, or the part of the net profits of the company as the board of directors may determine. Acts 1907, ch. 461, § 7; Shan., § 3369a21; Acts 1921, ch. 160, § 7; Code 1932, § 6272; T.C.A. (orig. ed.), § 56-2024.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-21-122
What does Tennessee Code Annotated § 56-21-122 cover?
Section 56-21-122 ("Accepting or rejecting insurance shall not be compensated by commissions on 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 § 56-21-122?
A common citation format is "Tennessee Code Annotated § 56-21-122" (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 § 56-21-122 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.