Tennessee Code Annotated
Tenn. Code Ann. § 56-12-105 (2026)
Creation of association
✓ current as of May 2026
- (a) There is created a nonprofit unincorporated legal entity to be known as the Tennessee insurance guaranty association.
- (b) All insurers defined as member insurers shall be and remain members of the association as a condition of their authority to transact insurance in this state.
- (c) The association shall perform its functions under a plan of operation established and approved under § 56-12-109 and shall exercise its powers through a board of directors established under § 56-12-107.
- (d) For purposes of assessment, and the maintenance of records, the association shall be divided into two (2) separate accounts as follows:
- (1) The workers' compensation insurance account; and
- (2) The account for all other insurance to which this part applies.
Acts 1971, ch. 180, § 5; T.C.A., § 56-4005.
Notes of Decisions
Cited in 1
case, 2005–2005 · leading case: Tennessee Ins. Guar. Ass'n v. Centre Ins. Co. (Tenn. Ct. App. 2005).
Tennessee Ins. Guar. Ass'n v. Centre Ins. Co. (Tenn. Ct. App. 2005). “” Tenn. Code Ann. § 56-12-102 (2000). It is supported in its mission by assessment against all insurers who are required to be members of TIGA in order to transact business in Tennessee.”
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