{"data":{"id":"us-tn/tenn.-code-ann.-56-2-114","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 56-2-114","heading":"Capital requirements for insurance combinations and reinsurance","body":"(a) An insurer otherwise qualified therefor may be authorized to transact combinations of kinds of insurance while processing and maintaining capital, if a stock company, or surplus funds, if a mutual, reciprocal, or Lloyd's plan insurer, in the amount of one million dollars ($1,000,000).\n(b) To transact the business of reinsuring credit life and credit accident insurance and health insurance, an insurer must possess and maintain capital in the amount of one hundred fifty thousand dollars ($150,000); provided, that a company so authorized shall not be authorized to conduct any other line of business unless otherwise qualified.","path":["TN Code","Title 56","Chapter 2"],"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":"d49ebe1ae73244ec7dd155baafaeef4df17ca8bb0566b7176a400008dc3c8e70","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-56-2-113","next":"us-tn/tenn.-code-ann.-56-2-115"},"notice":"GroundRules: Original legal text. Not legal advice."}