Tenn. Comp. R. & Regs. 0780-01-08-.19

Current through October 22, 2024

Section 0780-01-08-.19 - PENALTY

(1) Any insurer failing to comply with the requirements of this regulation shall be subject to the following penalty:

Upon the Commissioner's order, shall file for approval, prior to its use, any advertisement used in connection with the solicitation of a contract of insurance in the State of Tennessee. For the purpose of this Section, "prior to its use" shall mean the filing of such advertising material at least thirty days prior to its use. Unless disapproved by the Commissioner prior to the expiration of the 30 day period the advertisement shall be deemed to be approved. The Commissioner may, in his discretion, upon proof satisfactory to him that the failure to comply has been corrected, rescind such order.

Original rule certified June 10, 1974.

Authority: T.C.A. §§ 56-1-701 and 56-2-301.