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2019 Tennessee Code
Title 56 - Insurance
Chapter 21 - State Mutual Fire Insurance Companies
§ 56-21-104. Investment of guaranty capital and other assets.
Universal Citation: TN Code § 56-21-104 (2019)
The capital and other invested assets of the company shall be invested in real estate mortgages or mortgage notes, not exceeding one half (½) of the value of the property, or in such other securities as are permitted for investment by domestic stock fire insurance companies.
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