56-4-214 - Liability after ceasing to transact new business.

56-4-214. Liability after ceasing to transact new business.

Any insurance company ceasing for any cause to transact new business in this state shall continue to pay the taxes provided in this part in accordance with § 56-4-215.

[Acts 1945, ch. 3, § 1; C. Supp. 1950, § 1248.41 (Williams, § 1248.169); T.C.A. (orig. ed.), § 56-418.]