Tennessee Code Annotated
Tenn. Code Ann. § 56-2-203 (2026)
Life insurance - Annuity or contract loans - Trusts accepted and executed
✓ current as of May 2026
The company has the further right to insure the lives of persons, and engage in the general business of life insurance, and, coupled with that right, the right to grant and sell annuity, or contract loans based on life annuity, with benefit of survivorship, and accept and execute all legal trusts that may be confided to it.
Acts 1875, ch. 142, § 10; Shan., § 2261; Code 1932, § 3974; T.C.A. (orig. ed.), §§ 56-206, 56-220.
Notes of Decisions
Cited in 2
cases, 1987–1989 · leading case: Nichols v. Merrill Lynch, Pierce, Fenner & Smith, 706 F. Supp. 1309 (M.D. Tenn. 1989).
Nichols v. Merrill Lynch, Pierce, Fenner & Smith, 706 F. Supp. 1309 (M.D. Tenn. 1989). “Among the defenses to the action was the assertion that such transactions were governed by the Tennessee Insurance Law, Tenn.Code Ann. §§ 56-2-203, et seq., and that they were therefore specifically excluded from the purview of the TCPA by virtue of § 47-18-111(a) which exempts…”
Skinner v. Steele, 730 S.W.2d 335 (Tenn. Ct. App. 1987). “The Tennessee Insurance Law, Title 56, permits and regulates the sale of insurance policies and annuities, T.C.A. § 56-2-203, and has its own chapter on deceptive acts.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.