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U.S. State Codes
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Tennessee
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Title 56 - Insurance
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Chapter 7 - Policies and Po...
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Part 5 - Contingent and Mortality Contracts
Part 5 - Contingent and Mortality Contracts
§ 56-7-501. Contingent or mortality contracts -- Dividing policyholders or members into classes and paying benefits to oldest member of class prohibited -- Exceptions.
§ 56-7-502. Contingent and mortality endowment contracts -- Promising particular number or position in class or to division to policyholder prohibited -- Penalty.
§ 56-7-503. Commissioner to make orders for enforcement of contingent and mortality endowment contracts.