SB998 — Insurance Companies, Agents, Brokers, Policies - As introduced, increases, from 30 to 35 days, the time that an insurance company has to remove a person as an officer or director of the company after receipt of an order from the commissioner of commerce and insurance to do so. - Amends TCA Title 4; Title 56 and Title 71.

SB998 — Insurance Companies, Agents, Brokers, Policies - As introduced, increases, from 30 to 35 days, the time that an insurance company has to remove a person as an officer or director of the company after receipt of an order from the commissioner of commerce and insurance to do so. - Amends TCA Title 4; Title 56 and Title 71. · Informed CitizenryThis act amends Tennessee Code Annotated, Section 56-2-103(b), regarding insurance companies. It changes the time frame for an insurance company to remove a person as an officer or director after r…Open in Informed Citizenry