The commissioner is the custodian of all funds and securities deposited with this state for the benefit of policyholders, or for other purposes, by insurance companies writing a fidelity, bonding, or surety business in this state.Acts 1913 (1st E.S.), ch. 33, § 1; Shan., § 2222a1; mod. Code 1932, §3955; impl. am. Acts 1971, ch. 137, § 2; T.C.A. (orig. ed.), § 56-1406.
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