{"data":{"id":"us-tn/tenn.-code-ann.-56-21-101","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 56-21-101","heading":"Paid-up guaranty capital - Division into shares","body":"(a) Any mutual fire insurance company organized under the laws of this state shall have a paid-up guaranty capital of not less than nine hundred fifty thousand dollars ($950,000) divided into shares of not exceeding one hundred dollars ($100) each.\n(b) The increase in the minimum amount of guaranty capital provided by the 1969 amendment does not apply to companies qualified and authorized prior to May 7, 1969.","path":["TN Code","Title 56","Chapter 21"],"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":"18372fe368d363c6c24f517da9f20ecd05a0b74e83b1fe9edae22d92403e23d5","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-56-20-117","next":"us-tn/tenn.-code-ann.-56-21-102"},"notice":"GroundRules: Original legal text. Not legal advice."}