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2016 Tennessee Code
Title 56 - Insurance
Chapter 20 - Mutual or Assessment Fire Insurance Companies
§ 56-20-111. Liability for assessments made before exclusion -- Penalty -- Limitation of actions.

TN Code § 56-20-111 (2016) What's This?

A member liable under § 56-20-110 shall remain liable for the payment of any assessment made prior to the member's exclusion, and for the penalty provided in § 56-20-108, in case action has been or shall be brought against the member therefor, within twelve (12) months after the time it was due.

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