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TENNESSEE STATUTES AND CODES
56-6-408 - Administrator's compensation not contingent on claim experience.
56-6-408. Administrator's compensation not contingent on claim experience.
(a) With respect to any policies where an administrator adjusts or settles claims, the compensation to the administrator with regard to the policies shall in no way be contingent on claim experience.
(b) This section shall not prevent the compensation of an administrator from being based on premiums or charges collected or number of claims paid or processed.
[Acts 1980, ch. 640, § 8.]
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