Tennessee Code Annotated
Tenn. Code Ann. § 56-9-101 (2026)
Short title - Liberal construction - Purpose
✓ current as of May 2026
- (a) This chapter shall be known and may be cited as the "Insurers Rehabilitation and Liquidation Act."
- (b) This chapter shall not be interpreted to limit the powers granted the commissioner by other provisions of the law.
- (c) This chapter shall be liberally construed to effect the purpose stated in subsection (d).
- (d) The purpose of this chapter is the protection of the interests of insureds, claimants, creditors and the public generally, with minimum interference with the normal prerogatives of the owners and managers of insurers, through:
- (1) Early detection of any potentially dangerous condition in an insurer, and prompt application of appropriate corrective measures;
- (2) Improved methods for rehabilitating insurers, involving the cooperation and management expertise of the insurance industry;
- (3) Enhanced efficiency and economy of liquidation, through clarification of the law, to minimize legal uncertainty and litigation;
- (4) Equitable apportionment of any unavoidable loss;
- (5) Lessening the problems of interstate rehabilitation and liquidation by facilitating cooperation between states in the liquidation process, and by extending the scope of personal jurisdiction over debtors of the insurer outside this state;
- (6) Regulation of the insurance business by the impact of the law relating to delinquency procedures and substantive rules on the entire insurance business; and
- (7) Providing for a comprehensive scheme for the rehabilitation and liquidation of insurance companies and those subject to this chapter as part of the regulation of the business of insurance, insurance industry and insurers in this state. Proceedings in cases of insurer insolvency and delinquency are deemed an integral aspect of the business of insurance and are of vital public interest and concern.
Acts 1991, ch. 142, § 4.
Notes of Decisions
Cited in 14
cases (1 in the last 5 years), 1988–2025 · leading case: State Ex Rel. Sizemore v. United Physicians Ins. Risk Retention Grp., 56 S.W.3d 557 (Tenn. Ct. App. 2001).
State Ex Rel. Sizemore v. United Physicians Ins. Risk Retention Grp., 56 S.W.3d 557 (Tenn. Ct. App. 2001). “Acts 202, codified at Tenn.Code Ann. §§ 56-9-101, -510 (2000). The current version of the *563 Model Act can be found at 3 National Association of Ins.”
In Re Med. Care Mgmt. Co., 361 B.R. 863 (Bankr. M.D. Tenn. 2003). “As a result of varied state concerns over the financial viability of TCCN, Courtney Pearre was appointed Supervisor for TCCN under the Insurers Rehabilitation and Liquidation Act, T.C.A. § 56-9-101, et seq., pursuant to the Commissioner’s Notice of Administrative Supervision…”
State ex rel. McReynolds v. United Physicians Ins. Risk Retention Grp., 921 S.W.2d 176 (Tenn. 1996). “This case arose during rehabilitation and subsequent liquidation proceedings of the United Physicians Insurance Risk Retention Group (UPI) by the Commissioner of Commerce and Insurance, pursuant to the Insurer’s Rehabilitation and Liquidation Act, Tenn.Code Ann. §§ 56-9-101 to…”
Bryant v. United Shortline Inc. Assurance Servs., N.A., 972 S.W.2d 26 (Tex. 1998). “Tenn.Code Ann. §§ 56-9-101 to -510 (1994).”
Seals v. Sears, Roebuck & Co., Inc., 688 F. Supp. 1252 (E.D. Tenn. 1988). “” Finally, the test used by most of the similar state and model statutes mentioned above, and set out in the appendix, is inability to satisfy a judgment.”
Bryant v. Shields, Britton & Fraser, 930 S.W.2d 836 (Tex. App. 1996). “See Tenn.Code Ann. § 56-9-101(d) (1994) (purpose includes protecting interests of insureds, claimants, creditors, and the public generally by facilitating cooperation between states).”
State Ex Rel. Sizemore v. Sur. Bank, 200 F.3d 373 (5th Cir. 2000). “One week later, the Tennessee Chancery Court placed Anchorage into receivership pursuant to the Tennessee Insurers Rehabilitation and Liquidation Act, Tenn.Code Ann. § 56-9-101 et seq. The court found that Anchorage was “in such condition that further transaction of business…”
Leslie Newman, Comm'r of the Tennessee Dep't of Com. & Ins. v. Smart Data Solutions, LLC (Tenn. Ct. App. 2011). “M2010-01938-COA-R3-CV - Filed June 3, 2011 This is an appeal of the grant of an application by the Commissioner of Insurance for the State of Tennessee to place an allegedly illegal insurance enterprise into receivership for purposes of liquidation pursuant to the Insurers…”
United Physicians Ins. Risk Retention Grp., by & through Douglas M. Sizemore, Comm'r of Com. & Ins. v. United Am. Bank of Memphis (Tenn. Ct. App. 1996). “The Act contains “a comprehensive scheme for the rehabilitation and liquidation of insurance companies,” Tenn. Code Ann. § 56-9-101 (d)(7), and promotes the “[e]quitable apportionment of any unavoidable loss[es].”
State Ex Rel. Sizemore v. United Physicians Ins. Risk Retention Grp., 958 S.W.2d 348 (Tenn. Ct. App. 1997). “Robert Slutsky who was insured against professional liability by United Physicians Insurance Retention Group which has been placed in receivership under T.C.A. §§ 56-9-101 et seq. On April 22, 1992, the patient, Ms.”
State, ex rel v. Xantus (Tenn. Ct. App. 2000). “” Tenn. Code Ann. § 56-9-101 (d). The chapter outlines the procedure for such actions, called “Formal Delinquency Proceedings.”
In the Matter of the Liquidation of Scottish RE (U.S.) Inc. (Del. Ch. 2025). “The State Page Key lists Oregon as having adopted a previous version of the NAIC model act, which appears to refer to the IRLMA.”
Tenn. Code Ann. § 56-9-101(d): 4 cases
In Re Med. Care Mgmt. Co., 361 B.R. 863 (Bankr. M.D. Tenn. 2003). “As a result of varied state concerns over the financial viability of TCCN, Courtney Pearre was appointed Supervisor for TCCN under the Insurers Rehabilitation and Liquidation Act, T.C.A. § 56-9-101, et seq., pursuant to the Commissioner’s Notice of Administrative Supervision…”
Bryant v. Shields, Britton & Fraser, 930 S.W.2d 836 (Tex. App. 1996). “See Tenn.Code Ann. § 56-9-101(d) (1994) (purpose includes protecting interests of insureds, claimants, creditors, and the public generally by facilitating cooperation between states).”
State ex rel. McReynolds v. United Physicians Ins. Risk Retention Grp., 921 S.W.2d 176 (Tenn. 1996). “This case arose during rehabilitation and subsequent liquidation proceedings of the United Physicians Insurance Risk Retention Group (UPI) by the Commissioner of Commerce and Insurance, pursuant to the Insurer’s Rehabilitation and Liquidation Act, Tenn.Code Ann. §§ 56-9-101 to…”
Leslie Newman, Comm'r of the Tennessee Dep't of Com. & Ins. v. Smart Data Solutions, LLC (Tenn. Ct. App. 2011). “M2010-01938-COA-R3-CV - Filed June 3, 2011 This is an appeal of the grant of an application by the Commissioner of Insurance for the State of Tennessee to place an allegedly illegal insurance enterprise into receivership for purposes of liquidation pursuant to the Insurers…”
Tenn. Code Ann. § 56-9-101(d)(3): 1 case
State Ex Rel. Sizemore v. United Physicians Ins. Risk Retention Grp., 56 S.W.3d 557 (Tenn. Ct. App. 2001). “Acts 202, codified at Tenn.Code Ann. §§ 56-9-101, -510 (2000). The current version of the *563 Model Act can be found at 3 National Association of Ins.”
Tenn. Code Ann. § 56-9-101(d)(7): 2 cases
State Ex Rel. Sizemore v. United Physicians Ins. Risk Retention Grp., 56 S.W.3d 557 (Tenn. Ct. App. 2001). “Acts 202, codified at Tenn.Code Ann. §§ 56-9-101, -510 (2000). The current version of the *563 Model Act can be found at 3 National Association of Ins.”
State ex rel. McReynolds v. United Physicians Ins. Risk Retention Grp., 921 S.W.2d 176 (Tenn. 1996). “This case arose during rehabilitation and subsequent liquidation proceedings of the United Physicians Insurance Risk Retention Group (UPI) by the Commissioner of Commerce and Insurance, pursuant to the Insurer’s Rehabilitation and Liquidation Act, Tenn.Code Ann. §§ 56-9-101 to…”
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