{"data":{"id":"us-tn/tenn.-code-ann.-56-21-106","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 56-21-106","heading":"Retirement or liquidation of guaranty capital","body":"A mutual fire insurance company may at any time use any surplus over and above all liabilities, including reinsurance reserve, for the purpose of retiring or liquidating any part of its guaranty capital. All of the guaranty capital shall be retired when an amount of net surplus of one million five hundred thousand dollars ($1,500,000) shall have been accumulated.","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":"67a2582f1b1ed1fb3837eb462a5300cf06cc5c7338de330e697f07e5e6fefb23","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-56-21-105","next":"us-tn/tenn.-code-ann.-56-21-107"},"notice":"GroundRules: Original legal text. Not legal advice."}