Tennessee § 56-6-403 - Payments handled by administrator.
Full text of Tennessee Tennessee Code Annotated § 56-6-403 — Payments handled by administrator., with citation guidance and answers to common questions.
§ 56-6-403. Payments handled by administrator.
Whenever an insurer utilizes the services of an administrator under the terms of a written contract as required in § 56-6-402 , the payment to the administrator of any premiums or charges for insurance by or on behalf of the insured shall be deemed to have been received by the insurer, and the payment of return premiums or claims by the insurer to the administrator shall not be deemed payment to the insured or claimant until the payments are received by the insured or claimant. Nothing in this section shall limit any right of the insurer against the administrator resulting from its failure to make payments to the insurer, insureds or claimants. Acts 1980, ch. 640, § 3. Cross-References. Payment of claims to be authorized by insurer, § 56-6-407 .
Frequently Asked Questions About Tennessee § 56-6-403
What does Tennessee Code Annotated § 56-6-403 cover?
Section 56-6-403 ("Payments handled by administrator.") 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 § 56-6-403?
A common citation format is "Tennessee Code Annotated § 56-6-403" (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 § 56-6-403 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.