Tenn. Comp. R. & Regs. 0780-01-41-.13

Current through December 10, 2024

Section 0780-01-41-.13 - DESIGNATION OF A CAPTIVE MANAGER

Companies, before becoming licensed, shall report to the commissioner in writing, the name and address of the designated captive manager retained to manage the company. The captive manager shall apply , on a form adopted by the commissioner, for approval by the commissioner. Any change of designated captive manager for a captive insurance company must be approved, in advance, by the commissioner.

Original rule filed November 30, 2012; effective February 28, 2013. Repeal and new rule filed September 22, 2017; effective 12/21/2017.

Authority: 2011 Public Acts, Chapter 468, T.C.A. §§ 56-13-101 through 56-13-418, 56-13-108, 56-13-115, and 56-13-121.