56-2-203 - Life insurance Annuity or contract loans Trusts accepted and executed. - Tennessee Statutes

56-2-203. Life insurance Annuity or contract loans Trusts accepted and executed.

The company has the further right to insure the lives of persons, and engage in the general business of life insurance, and, coupled with that right, the right to grant and sell annuity, or contract loans based on life annuity, with benefit of survivorship, and accept and execute all legal trusts that may be confided to it.

[Acts 1875, ch. 142, § 10; Shan., § 2261; Code 1932, § 3974; T.C.A. (orig. ed.), §§ 56-206, 56-220.]