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Tennessee · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Tenn. Code Ann. § 56-21-122: Accepting or rejecting insurance shall not be compensated by commissions on premiums

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Where this section sits in the code
  1. TN Code
  2. Title 56
  3. Chapter 21

No officer or other person whose duty it is to determine the character of the risk and upon whose decision the application for insurance thereon shall finally be accepted or rejected shall receive as compensation any commission upon the premium; but the person's compensation shall be a fixed salary, fee, or the part of the net profits of the company as the board of directors may determine.

Collected 2026-09-14T18:32:26Z. Source file · JSON

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