Section 56-2-403 - Penalty for violations

Any insurance company or other insurance entity that is financially owned or financially controlled by any alien or foreign government outside the continental limits of the United States or the territories of the United States, or any representative or agent of the company or entity, that violates §§ 56-2-401, 56-2-402, this section and § 56-2-404, commits a Class C misdemeanor.Acts 1955, ch. 3, § 3; T.C.A., §§ 56-325, 56-230; Acts 1989, ch. 591, § 113.