Go to previous versions
of
this Section
2021 Tennessee Code
Title 56 - Insurance
Chapter 15 - Fidelity and Bonding Companies
§ 56-15-114. Forfeiture of License for Nonpayment of Judgment
Universal Citation: TN Code § 56-15-114 (2021)
If the company neglects or refuses to pay any final judgment or decree rendered against it upon the recognizance, stipulation, bond or undertaking made or guaranteed by it under this chapter, from which no appeal, writ of error or supersedeas has been taken for thirty (30) days after the rendition of the judgment or decree, it shall forfeit all right to do business in this state.
Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
