{"data":{"id":"us-tn/tenn.-code-ann.-56-1-502","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 56-1-502","heading":"Forfeiture for failure to file statement - Suspension of authority to do new business","body":"Any insurance company that neglects to make and file its annual statement in the form and within the time provided by § 56-1-501 shall forfeit one hundred dollars ($100) for each day neglected, and, upon notice by the commissioner to that effect, its authority to do new business shall cease while the default continues.","path":["TN Code","Title 56","Chapter 1"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"2c3cedbcf3febe6fea2b9cc3512a3ac2a05f1966d2a2da0ef094d31baf2dadf7","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-56-1-501","next":"us-tn/tenn.-code-ann.-56-1-503"},"notice":"GroundRules: Original legal text. Not legal advice."}