{"data":{"id":"us-tn/tenn.-code-ann.-67-5-1209","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 67-5-1209","heading":"Application of part to pure captive insurance company","body":"The tax levied by this part shall not apply to the balance of the corporate property and capital stock, otherwise subject to valuation and assessment under §§ 67-5-1202(2) and 67-5-1203(b) , of any pure captive insurance company, as defined in § 56-13-102 or of any entity operating in a similar manner to a pure captive insurance company such that fifty-one percent (51%) or more of its direct written premium revenue is from an affiliated company, as defined in § 56-13-102 , or an associated company, as defined in § 56-13-102 .","path":["TN Code","Title 67","Chapter 5"],"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":"0d433158a522896ef0f334ad3709198805f929ba08c99cbf2c1286194f354b76","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-67-5-1208","next":"us-tn/tenn.-code-ann.-67-5-1301"},"notice":"GroundRules: Original legal text. Not legal advice."}