§ 56-21-117. Policyholder's liability -- Computation as assets of company.

TN Code § 56-21-117 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The contingent liabilities of the policyholders shall be computed as contingent assets of the company. The unpaid regular premium and premium notes of the policyholders not over twelve (12) months due shall be computed as ledger assets of the company.