56-5-316 - Payment of dividends, savings, and premium deposits unaffected. - Tennessee Statutes

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Statutes > Tennessee > Title-56 > Chapter-5 > Part-3 > 56-5-316

56-5-316. Payment of dividends, savings, and premium deposits unaffected.

Nothing in this part shall be construed to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan.

[Acts 1983, ch. 66, § 17.]

State Codes and Statutes

Statutes > Tennessee > Title-56 > Chapter-5 > Part-3 > 56-5-316

56-5-316. Payment of dividends, savings, and premium deposits unaffected.

Nothing in this part shall be construed to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan.

[Acts 1983, ch. 66, § 17.]

State Codes and Statutes

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State Codes and Statutes

Statutes > Tennessee > Title-56 > Chapter-5 > Part-3 > 56-5-316

56-5-316. Payment of dividends, savings, and premium deposits unaffected.

Nothing in this part shall be construed to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan.

[Acts 1983, ch. 66, § 17.]