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Section 56-13-206 - Combining assets — Tennessee Law | CourtGPT
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  4. Title 56 - Insurance (§§ 56-1-101 — 56-61-125)/
  5. Chapter 13 - Revised Tennessee Captive Insurance Act/
  6. Part 2 - Protected Cell Captive Insurance Companies/
  7. Section 56-13-206 - Combining assets
Tennessee Legal Code

Section 56-13-206 - Combining assets

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Notwithstanding § 56-13-204, the assets of two (2) or more protected cells may be combined for purposes of investment, and such combination shall not be construed as defeating the segregation of such assets for accounting or other purposes. Notwithstanding any other provision of this title, the commissioner may approve the use of alternative reliable methods of valuation and rating.Amended by 2015 Tenn. Acts, ch. 156,s 16, eff. 4/17/2015. Acts 2011, ch. 468, § 1.