{"data":{"id":"us-tn/tenn.-code-ann.-56-10-108","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 56-10-108","heading":"Merger of subsidiary company","body":"If the domestic company owns at least ninety percent (90%) of the outstanding shares of another domestic or foreign stock insurance company, it may merge the other company into itself without approval by a vote of the shareholders of either company in accordance with § 48-21-102 . In the event, the approval of the commissioner shall be obtained in the manner specified in § 56-10-104 .","path":["TN Code","Title 56","Chapter 10"],"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":"eb4a5e33c5f10937b57fb01fc60ff49995a177e4677871ad024cb262bac1839b","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-56-10-107","next":"us-tn/tenn.-code-ann.-56-10-109"},"notice":"GroundRules: Original legal text. Not legal advice."}