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-.03 - RELATIONSHIPS
Universal Citation: TN Comp Rules and Regs 0780-01-51-.03
Current through September 24, 2024
(1) No agent or insurer shall enter into any contract, lease or other arrangement with a financial institution which results in:
(a) any activity reasonably leading a
person to believe that his credit-worthiness, or that extension of credit or
renewal thereof, is conditioned upon the purchase of insurance through a
particular agent or insurer; or
(b)
the financial institution soliciting insurance business acting on behalf of an
agent or insurer in the sale or negotiation of insurance or directing potential
insureds to an agent or insurer.
Authority: T.C.A. §§ 56-6-127 and 56-8-113.
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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