Tennessee § 56-5-115 - Examination of insurance entities by commissioner.
Full text of Tennessee Tennessee Code Annotated § 56-5-115 — Examination of insurance entities by commissioner., with citation guidance and answers to common questions.
§ 56-5-115. Examination of insurance entities by commissioner.
The commissioner may examine any insurer, advisory organization, rate service organization, pool or residual market mechanism to ascertain compliance with this part. Every insurer, advisory organization, rate service organization, pool and residual market mechanism shall maintain records of the type and kind reasonably adapted to its method of operation. The records shall contain the experience, data, statistics and other information collected or used by it in its activities. These records shall be available for examination or inspection by the commissioner at any time upon reasonable notice. The cost of an examination made pursuant to this section shall be paid by the examined party in the same manner as provided by § 56-1-413. The commissioner may accept the report of an examination made by the insurance supervisory official of another state in lieu of an examination under this section. Acts 1983, ch. 66, § 16; T.C.A. § 56-5-315 . Code Commission Notes. This section was renumbered from § 56-5-315 to § 56-5-115 by authority of the Code Commission in 2016.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-5-115
What does Tennessee Code Annotated § 56-5-115 cover?
Section 56-5-115 ("Examination of insurance entities by commissioner.") 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 § 56-5-115?
A common citation format is "Tennessee Code Annotated § 56-5-115" (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 § 56-5-115 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.