reglab/housing_qa huggingface dataset:
TN Code § 56-3-708 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 7 - Restrictions on Beneficial Owners, Directors and Officers|§ 56-3-708. Rules and Regulations

  The commissioner, with the approval of the attorney general and reporter and in conformity with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5, has the power to make rules and regulations necessary for the execution of the functions vested in the commissioner by §§ 56-3-701 — 56-3-707, and may for that purpose classify domestic stock insurance companies, securities, and other persons or matters within the commissioner's jurisdiction.   Nothing in §§ 56-3-702 — 56-3-704 imposing any liability applies to any act done or omitted in good faith in conformity with any rule or regulation of the commissioner, notwithstanding that the rule or regulation may, after the act or omission, be amended or rescinded or determined by judicial or other authority to be invalid for any reason.   The commissioner, with the approval of the attorney general and reporter and in conformity with the Uniform Administrative Procedures also has the power to make rules and regulations necessary to regulate the solicitation of proxies, consents or authorizations in respect to those equity securities subject to §§ 56-3-701 — 56-3-707 issued by domestic stock insurance companies.
TN Code § 56-3-801 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 8 - Voluntary Deposit of Securities|§ 56-3-801. Voluntary Deposit of Securities for Protection of State Policyholders and Creditors

 Any insurance company may deposit and maintain on deposit with the state treasurer, securities as defined in § 56-3-303(a)(1)-(4), (7) and (8), to be held for the exclusive protection of its policyholders and creditors in this state; provided, that the deposit shall not exceed one hundred percent (100%) of that portion of the insurance company's reserves as is fairly allocable to insurance on risks located in this state.
TN Code § 56-3-802 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 8 - Voluntary Deposit of Securities|§ 56-3-802. Authority to Hold Securities

 The commissioner is authorized to accept the deposits, and the state treasurer shall hold the deposits in the same manner as other deposits are held under §§ 56-2-104, 56-2-112 and other applicable sections of this title.
TN Code § 56-3-803 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 8 - Voluntary Deposit of Securities|§ 56-3-803. Delivery Back to Insurance Company

 Upon a showing that the interest of Tennessee policyholders will in no way be impaired, an insurance company may demand, and, upon receipt of the demand, the commissioner may deliver over to the insurance company all or any portion of the securities deposited by the insurance company.
TN Code § 56-3-804 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 8 - Voluntary Deposit of Securities|§ 56-3-804. Rules and Regulations

 Consistent with this title, the commissioner may adopt reasonable rules and regulations for the purpose of implementing this part.
TN Code § 56-3-901 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 9 - Deposit of Securities in Clearing Corporations|§ 56-3-901. Purpose

 The purpose of this part is to authorize insurance companies to utilize modern systems for holding and transferring securities without physical delivery of securities certificates, subject to rules and regulations promulgated by the commissioner pursuant to this part.
TN Code § 56-3-902 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 9 - Deposit of Securities in Clearing Corporations|§ 56-3-902. Part Definitions

 As used in this part:    “Clearing corporation” means:   A corporation as defined in § 8-102(a) of the Uniform Commercial Code, codified in § 47-8-102(a), as adopted by the National Conference of Commissioners on Uniform State Laws and the American Law Institute, as amended from time to time; and   “Treasury/reserve automated debt entry securities system” and “treasury direct” book-entry securities systems established pursuant to 5 U.S.C. Part 301, 12 U.S.C. Part 391 and 31 U.S.C. § 3100 et seq.;     With respect to securities issued by institutions organized or existing under the laws of any foreign country or securities used to meet the deposit requirements pursuant to the laws of a foreign country as a condition of doing business therein, “clearing corporation” also means a corporation which is organized or existing under the laws of any foreign country and is legally qualified under such laws to effect transactions in securities by computerized book-entry;     “Commissioner” means the commissioner of commerce and insurance;   “Custodian” means a national bank, state bank, federal home loan bank, trust company or broker/dealer that participates in a clearing corporation; and   “Securities” means instruments as defined in § 8-102(a) of the Uniform Commercial Code, codified in § 47-8-102(a), as adopted by the National Conference of Commissioners on Uniform State Laws and the American Law Institute, as amended from time to time.
TN Code § 56-3-903 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 9 - Deposit of Securities in Clearing Corporations|§ 56-3-903. Use of Book-Entry Systems

   A domestic insurance company may deposit, or arrange for the deposit of, securities held in or purchased for its general account and its separate accounts in a clearing corporation.   When securities are deposited with a clearing corporation:  Certificates representing securities of the same class of the same issuer may be merged and held in bulk in the name of the nominee of such clearing corporation with any other securities deposited with such clearing corporation by any person, regardless of the ownership of such securities; and   Certificates representing securities of small denominations may be merged into one (1) or more certificates of larger denominations.     The records of any custodian through which an insurance company holds securities in a clearing corporation shall at all times show that such securities are held for such insurance company and for which accounts.   Ownership of, and other interest in, such securities may be transferred by bookkeeping entry on the books of such clearing corporation without physical delivery of certificates representing such securities.     The commissioner is authorized to promulgate rules and regulations governing the deposit by insurance companies of securities with clearing corporations, including establishing standards for national banks, state banks, federal home loan banks, trust companies and broker/dealers to qualify as custodians for insurance company securities.
TN Code § 56-3-904 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 9 - Deposit of Securities in Clearing Corporations|§ 56-3-904. Deposit of Securities by Domestic Insurance Companies

   Securities qualified for deposit under § 56-2-104 may be deposited with a clearing corporation.   Securities deposited with a clearing corporation and used to meet the deposit requirements set forth in § 56-2-104 shall be under the control of the commissioner and shall not be withdrawn by the insurance company without the approval of the commissioner.     Any insurance company holding securities as provided in subsection (a) shall provide to the commissioner evidence issued by its custodian through which the insurance company has deposited securities in a clearing corporation, in order to establish that:  The securities are actually recorded in an account in the name of the custodian; and   The records of the custodian reflect that such securities are held subject to the order of the commissioner.
TN Code § 56-3-905 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 3 - Operation of Insurance Companies|Part 9 - Deposit of Securities in Clearing Corporations|§ 56-3-905. Deposit of Securities by Insurance Companies

   Securities eligible for deposit under the insurance laws of this state relating to deposit of securities by an insurance company as a condition of commencing or continuing to do any insurance business in this state may be deposited with a clearing corporation.   Securities deposited with a clearing corporation and used to meet the deposit requirements under the insurance laws of this state shall be under the control of the commissioner and shall not be withdrawn by the insurance company without the approval of the commissioner.     Any insurance company holding such securities as provided in subsection (a), shall provide to the commissioner evidence issued by its custodian in order to establish that:  The securities are actually recorded in an account in the name of the custodian; and   The records of the custodian reflect that such securities are subject to the order of the commissioner.
TN Code § 56-4-101 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 1 - Fees|§ 56-4-101. Schedule and Applicability of Fees

  The commissioner shall collect and pay into the state treasury the following nonrefundable fees:  For receiving and reviewing each new application for admission from every foreign or domestic insurance company, including application for eligibility of surplus lines insurers, captive insurance companies, protected cells of captive insurance companies, and incorporated protected cells of captive insurance companies, six hundred seventy-five dollars ($675);   For issuing each new certificate of authority to a company, foreign or domestic, including letter of notification of eligibility of surplus lines insurers, upon application for admission or eligibility, as the case may be, four hundred forty dollars ($440);   For annual review for determination of continuing eligibility of surplus lines insurers, two hundred seventy dollars ($270);   For each company's annual statement, five hundred fifteen dollars ($515);   For amendments to the company's certificate of authority, ninety dollars ($90.00);   For each seal of office, with certificate, seven dollars ($7.00);   For copies of any paper on file or deposit with the commissioner or the commissioner's office, fifty cents (50¢) per page;   For receiving and reviewing each change of business plan or change in ownership for a captive insurance company, four hundred dollars ($400); and   For receiving and reviewing each change of ownership for a protected cell of a captive insurance company or an incorporated protected cell of a captive insurance company, one hundred twenty-five dollars ($125).     This section shall apply to all insurance companies, including state and county mutual fire insurance companies, title insurance companies, associations, fraternal benefit societies, captive insurance companies and surplus lines insurers maintaining eligibility status, notwithstanding any law or statute under which companies, associations and societies may have been organized.
TN Code § 56-4-102 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 1 - Fees|§ 56-4-102. Disposition of Fees

  The fees for the valuation of life insurance policies, which are provided in § 56-4-101, shall be collected for the use and benefit of the state and shall be held by the commissioner as expendable receipts, and the expense of operation of the department, including the salaries and traveling expenses of the actuaries employed pursuant to § 56-1-207, shall be paid out of the fees collected. At the end of each fiscal year, any remaining funds after the payment of the expense of operation of the department shall be remitted to the state treasurer and become a part of the general fund.   The fees for receiving and reviewing each new application for admission and the annual fee for review of continuing eligibility of surplus lines insurers shall be collected for use and benefit of the state and shall be held by the commissioner as expendable receipts, and all salaries and traveling expenses of the personnel employed in the processing and review for admission or eligibility shall be paid out of such fees collected. At the end of each fiscal year, any remaining funds after payment of salaries and expenses of the personnel shall be remitted to the state treasurer and become a part of the general fund.
TN Code § 56-4-103 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 1 - Fees|§ 56-4-103. Fraternal Insurance Companies to Pay per Diem Fee and Expense of Annual Valuation of Policies

 Any fraternal insurance societies or companies not subject to valuation fees as provided in § 56-4-101 shall pay a per diem fee and the expense of the actuary on each annual valuation in the same manner that insurance companies are required to pay fees and expenses to the examiner assigned by the commissioner, and the per diem fees and expenses shall not exceed the maximum compensation provided for the actuaries in § 56-1-207.
TN Code § 56-4-104 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 1 - Fees|§ 56-4-104. Receipt of Illegal Fees — Issuance of Fraudulent Certificate — Penalty

 If the commissioner exacts or receives, either directly or indirectly, any sum of money from any insurance company doing business in this state other than the fees allowed by law, or willfully issues a fraudulent or false certificate of soundness to the company; or, directly or indirectly, receives any money or other valuable thing for doing or not doing any official act as commissioner, other than the fees allowed by law, the commissioner commits a Class E felony.
TN Code § 56-4-105 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 1 - Fees|§ 56-4-105. Refund of Erroneously Paid Amounts

  With respect to any revenues or receipts collected by the department, any other law to the contrary notwithstanding, the amounts determined to have been erroneously paid may be refunded by the procedure developed by the commissioner of finance and administration and approved by the comptroller of the treasury.   The procedure shall provide that no refund shall be made unless within three (3) years from December 31 of the year in which the erroneous payment was made, the refund is either requested by the claimant or made by the state on its own motion.
TN Code § 56-4-106 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 1 - Fees|§ 56-4-106. Annual Regulatory Fee for Credit Life, Accident, and Health Insurance

 With regard to each insurer qualified to transact only the business of reinsuring credit life and credit accident and credit health insurance, the commissioner shall collect a nonrefundable annual regulatory fee of three thousand dollars ($3,000). One half (½) of the regulatory fee shall be collected on April 1, which, notwithstanding § 56-1-501, shall also be the date on or before which the insurer's annual statement shall be filed, and the balance shall be collected on September 1 of each year, except that the initial regulatory fee collected shall be reduced pro rata to reflect the number of months during the year in which the certificate of authority has been in effect. The regulatory fees paid into the department under this section shall be held by the commissioner as expendable receipts for the purpose of administering chapter 7, part 9 of this title.
TN Code § 56-4-201 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-201. Companies Subject to Tax — “Insurance Company” Defined

  Every domestic or foreign insurance company writing life, fire, marine, fidelity, surety, casualty, liability, or other forms of insurance shall pay directly to the commissioner the taxes as provided for in this part.   As used in this part, “insurance company” means any insurance, fidelity or surety company, including any corporation, company, partnership, association, society, order, fraternal or otherwise, individual or aggregation of individuals engaging in, or proposing or attempting to engage in, any kind of insurance or surety business, including the exchanging of reciprocal or interinsurance contracts between individuals, partnerships and corporations.
TN Code § 56-4-202 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-202. Associations Exempt

 Sections 56-4-201—56-4-218 do not apply to fraternal benefit associations and societies as defined in chapter 25 of this title, nor to those exempt from the provisions provided in § 56-25-704.
TN Code § 56-4-203 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-203. State Purposes Only

 The tax imposed by this part shall be for state purposes only, and no county or city shall be authorized to levy or collect a like tax.
TN Code § 56-4-204 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-204. “Gross Premiums” Defined

 As used in this part, “gross premiums” means maximum gross premiums as provided in the policy contracts, new and renewal, including policy or membership fees, whether paid in part or in whole by cash, automatic premium loans, dividends applied in any manner whatsoever, and without deduction or exclusion of dividends in any manner; but excluding premiums returned on cancelled policies, or on account of reduction in rates, or reductions in the amount insured or experience rating refunds on life insurance policies and disability insurance policies.
TN Code § 56-4-206 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-206. Tax on Workers' Compensation Insurers

 Every insurance company writing workers' compensation insurance under the Workers' Compensation Law, compiled in title 50, chapter 6, shall be subject to and pay a tax of four percent (4%) on gross premiums collected for workers' compensation insurance, plus a surcharge of four tenths of one percent (0.4%) on gross premiums, the surcharge to be earmarked for the administration of the Tennessee Occupational Safety and Health Act, compiled in title 50, chapter 3. This tax shall be paid at the same time and in the same manner as the tax levied upon insurance companies by § 56-4-205; provided, that the surcharge of four tenths of one percent (0.4%) on the tax on workers' compensation insurance premiums levied by this section does not apply to any employer who employs ten (10) or fewer employees, unless the employer is in the business of construction or manufacturing.
TN Code § 56-4-207 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-207. Tax on Self-Insurers Under Compensation Law

  If any employer covered by the Workers' Compensation Law, compiled in title 50, chapter 6, carries its own insurance as provided by that chapter, the employer shall pay to the commissioner four percent (4%) on the premium that the employer would be required to pay if the employer carried the full coverage insurance called for with licensed insurance companies; provided, that the tax so paid by any employer shall in no instance be less than five dollars ($5.00), and a surcharge of four tenths of one percent (0.4%) on the premium the employer would have been required to pay, the surcharge to be earmarked for the administration of the Tennessee Occupational Safety and Health Act, compiled in title 50, chapter 3. The tax shall be paid by the self-insurers to the commissioner on or before June 30 of each year. Any company or corporation electing to operate as a self-insurer and having been duly qualified as such subsequent to June 30 of any year shall pay the tax based on the estimated payroll for the balance of the year when the permit is issued; provided, that the surcharge of four tenths of one percent (0.4%) on the tax on workers' compensation insurance premiums levied by this section shall not apply to any employer who employs ten (10) or fewer employees, unless the employer is in the business of construction or manufacturing.   This section shall not apply to county or municipal governments.
TN Code § 56-4-208 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-208. Additional Payment for Fire Insurance

  In addition to the premium taxes levied by § 56-4-205, all companies writing fire insurance and lines of business having fire coverages as a part of the risk rate shall pay three fourths of one percent (0.75%) on that portion of the premium applicable to the fire risk for the purpose of executing the fire marshal law.   For the purpose of subsection (a), the following portions of the amounts required to be reported by line of business in the annual statement required by § 56-1-501 shall be considered premiums for insurance covering the peril of fire:  Fire lines, one hundred percent (100%);   Farmowners and homeowners multiple peril, fifty-five percent (55%);   Commercial multiple peril, fifty percent (50%);   Inland marine, twenty percent (20%);   Automobile physical damage, eight percent (8%); and   Aircraft physical damage, eight percent (8%).     This tax shall be paid at the same time and in the same manner as the tax levied upon insurance companies by § 56-4-205.
TN Code § 56-4-211 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-211. Credit for Valuation of Policies Fees

 The charge for valuation of life policies as contained in § 56-4-101 shall be allowed as a credit against the premium taxes collected under this part whenever the charges are paid to the commissioner as provided by that section; provided, that no credit shall be allowed for any valuation fees paid prior to January 1, 1945.
TN Code § 56-4-212 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-212. Period Covered by Payments

 The taxes imposed under this part shall be for the privilege of transacting business for each calendar quarter of each year but shall be measured by the gross premiums and consideration received by the respective companies during the quarter immediately preceding.
TN Code § 56-4-213 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-213. Exemption From Other Taxes

  The payment of the taxes provided in this part shall be in lieu of all other taxes, except as provided in § 56-4-217, except ad valorem taxes upon real and personal property, and except fees required by law of the companies.   Nothing in this section shall be construed to provide an exemption from the sales and use tax imposed by title 67, chapter 6.
TN Code § 56-4-214 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 4 - Fees and Taxes|Part 2 - Taxes|§ 56-4-214. Liability After Ceasing to Transact New Business

 Any insurance company ceasing for any cause to transact new business in this state shall continue to pay the taxes provided in this part in accordance with § 56-4-215.