Statutes > Tennessee Statutes > Title 56 - Insurance > Chapter 9 - Insurers Rehabilitation and Liquidation Act > Part 4 - Interstate Relations > 56-9-405 - Institution of proceedings by commissioner upon request from officials of other states.

56-9-405 - Institution of proceedings by commissioner upon request from officials of other states.

56-9-405. Institution of proceedings by commissioner upon request from officials of other states.

The commissioner, in the commissioner's sole discretion, may institute proceedings under §§ 56-9-201 and 56-9-202, at the request of the commissioner or other appropriate insurance official of the domiciliary state of any foreign or alien insurer having property located in this state.

[Acts 1991, ch. 142, § 4.]