Tenn. Code Ann. § 56-6-408: Administrator's compensation not contingent on claim experience
Where this section sits in the code
- TN Code
- Title 56
- Chapter 6
(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.
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Tennessee electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 76 only as a labeled supplement to the newer Open US Law rows. Source