Tennessee SB 1557: Commerce and Insurance, Dept. of - As introduced, increases from 60 to 90 days the time period following notice to a domestic insurance company that its capital stock is impaired to the extent of 20 percent or more and subject to be made good, within which the company must lawfully repair or reduce its capital or be subject to proceedings by the commissioner. - Amends TCA Title 4; Title 8; Title 45; Title 55; Title 56; Title 63; Title 68 and Title 71.

Status: Assigned to General Subcommittee of Senate Commerce and Labor Committee (as of 2021-04-21)

State: Tennessee · Session: 112 · Bill: SB 1557

Subjects: Commerce and Insurance, Dept. of

Sponsors: Bailey, Todd

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