Tennessee § 56-4-204 - “Gross premiums” defined.
Full text of Tennessee Tennessee Code Annotated § 56-4-204 — “Gross premiums” defined., with citation guidance and answers to common questions.
§ 56-4-204. “Gross premiums” defined.
As used in this part, “gross premiums” means maximum gross premiums as provided in the policy contracts, new and renewal, including policy or membership fees, whether paid in part or in whole by cash, automatic premium loans, dividends applied in any manner whatsoever, and without deduction or exclusion of dividends in any manner; but excluding premiums returned on cancelled policies, or on account of reduction in rates, or reductions in the amount insured or experience rating refunds on life insurance policies and disability insurance policies. Acts 1945, ch. 3, § 1; C. Supp. 1950, § 1248.41 (Williams, § 1248.169); Acts 1977, ch. 220, § 1; T.C.A. (orig. ed.), § 56-412. Cross-References. Credit life insurance, retrospective rate credits, computation of tax on gross premiums, § 56-7-906 .
Frequently Asked Questions About Tennessee § 56-4-204
What does Tennessee Code Annotated § 56-4-204 cover?
Section 56-4-204 ("“Gross premiums” defined.") 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 § 56-4-204?
A common citation format is "Tennessee Code Annotated § 56-4-204" (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 § 56-4-204 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.