Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-01 - Insurance Division
Chapter 0780-01-51 - Guidelines to be by Insurance Companies, Insurance Agencies, Insurance Agents and Financial Sharing a Retail Area
Section 0780-01-51-.02 - DEFINITIONS
Current through September 24, 2024
For the purposes of this Chapter, unless the context otherwise requires:
(1) "Agent" means an ''insurance agent'' as defined in T.C.A. §56-6-102(1) and an "agency" as defined in T.C.A. §5-6-102(3).
(2) ''Financial Institution'' means a bank, a bank holding company, savings and loan association, industrial loan and thrift company and credit union.
(3) ''Insurance'' means all kinds of insurance set forth in T.C.A. §56-2-201 except credit life and credit accident and health.
(4) ''Retail Area'' means all open space within the financial institution lobby containing, but not limited to, loan and discount transaction stations, savings stations, cash debit and credit stations and installment and finance payment stations.
Authority: T.C.A. §§ 56-6-127 and 56-8-113.