Tennessee § 56-9-507 - Commissioner — Power to institute judicial proceedings.
Full text of Tennessee Tennessee Code Annotated § 56-9-507 — Commissioner — Power to institute judicial proceedings., with citation guidance and answers to common questions.
§ 56-9-507. Commissioner — Power to institute judicial proceedings.
Nothing in this chapter precludes the commissioner from initiating judicial proceedings to place an insurer in conservation, rehabilitation or liquidation proceedings or other delinquency proceedings, however designated under the laws of this state, regardless of whether the commissioner has previously initiated administrative supervision proceedings under this chapter against the insurer. Acts 1991, ch. 142, § 4.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-9-507
What does Tennessee Code Annotated § 56-9-507 cover?
Section 56-9-507 ("Commissioner — Power to institute judicial proceedings.") 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 § 56-9-507?
A common citation format is "Tennessee Code Annotated § 56-9-507" (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 § 56-9-507 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.