2018 Tennessee Code
Title 56 - Insurance
Chapter 31 - Vision Service Plan Law
§ 56-31-110. Application for license -- Form -- Accompanying documents -- Filing fee.
- Applications for licenses shall be made on forms approved by the commissioner, containing information that the commissioner deems necessary. Every application for a license shall be accompanied by copies of the following documents:
(1) A certified copy of its charter or certificate of incorporation;
(2) A copy of its bylaws certified by the secretary and the president of the corporation;
(3) The proposed contract between the corporation and the participating optometrists showing the terms under which vision care services are to be furnished to subscribers;
(4) Subscription contracts to be issued to subscribers showing a table of the rates to be charged and the benefits to which they are entitled;
(5) A statement of the county or counties in which the corporation proposes to operate vision service plans;
(6) A statement of its financial condition and business in such form and detail as the commissioner requires, signed and sworn to by the president and secretary, and payment of the sum of twenty-five dollars ($25.00) for filing of the statement;
(7) A copy of any proposed prospectus and advertising material to be used in solicitation of contracts; and
(8) Proof satisfactory to the commissioner that in the county or counties in which the corporation proposes to operate, fifty-one percent (51%) or more of the resident optometrists of that county have agreed to render vision services for which the corporation agrees to pay, or that at least twenty-five percent (25%) of the optometrists duly licensed to practice in this state have agreed to render vision services for corporations organized or to be organized pursuant to this chapter.
