Tennessee Code Annotated

Title 56: Insurance

Chapter 32: Health Maintenance Organization Act of 1986

TCA 56-32-111: Investments.

With the exception of investments made in accordance with § 56-32-105, the funds of an HMO shall be invested only in securities or other investments permitted by the laws of this state for the investment of assets constituting the legal reserves of life insurance companies or other securities or investments that the commissioner permits.

History: [Acts 1986, ch. 713, § 11; T.C.A. § 56-32-211.]