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2015 Tennessee Code
Title 56 - Insurance
Chapter 19 - Mutual Insurance Companies Other Than Life
§ 56-19-101 - Incorporators -- Number -- Residence qualifications.

TN Code § 56-19-101 (2015) What's This?

Any number of persons, not less than twenty (20), a majority of whom are bona fide residents of this state, by complying with this chapter, may become, together with others who may thereafter be associated with them or their successors, a body corporate for the purpose of carrying on the business of mutual insurance as provided in this chapter.

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