2016 Tennessee Code
Title 56 - Insurance
Chapter 20 - Mutual or Assessment Fire Insurance Companies
§ 56-20-110. Exclusion from membership -- Policies cancelled or withdrawn -- Effect.
Any member who neglects or refuses to pay an assessment may for this reason, or for any other reason satisfactory to the directors or executive committee, be excluded by a majority of the directors or executive committee, or as the bylaws may prescribe, from the corporation; and when thus excluded, the secretary shall cancel or withdraw the person's policy or policies and notify the person of the fact, which shall prevent the person's recovering for any loss or damage sustained after the exclusion.
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