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TENNESSEE STATUTES AND CODES
56-6-205 - Insurance companies offering only surety insurance.
56-6-205. Insurance companies offering only surety insurance.
(a) In addition to other powers permitted to banks by title 45, a state bank may own, operate or manage an insurance company offering only surety insurance, as defined in § 56-2-201(6)(E).
(b) An insurance company owned by a bank shall comply with all Tennessee law applicable to insurance companies and shall be regulated by the commissioner of commerce and insurance.
[Acts 1988, ch. 948, § 2.]
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