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56-1-208 - Actuaries to compute net value of policies Other duties.

56-1-208. Actuaries to compute net value of policies Other duties.

(a)  The commissioner shall require the actuaries employed pursuant to § 56-1-207 to compute the net value of outstanding policies of life insurance in companies, associations or fraternal orders authorized to transact business in this state as required by law.

(b)  The commissioner may assign other duties to the actuaries that the commissioner deems necessary or proper.

[Acts 1943, ch. 97, § 2; C. Supp. 1950, § 6459.41 (Williams, § 6459.44); impl. am. Acts 1971, ch. 137, § 2; T.C.A. (orig. ed.), § 56-111.]  

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