Controlling Provisions When Conflict Exists — Exemptions

  1. Law
  2. Tennessee Code
  3. Insurance
  4. Revised Tennessee Captive Insurance Act
  5. Special Purpose Financial Captives
  6. Controlling Provisions When Conflict Exists — Exemptions

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  1. No provisions of this title, other than those expressly provided in this part, shall apply to an SPFC, and those provisions apply only as modified by this part. If a conflict occurs between this title and this part, this part shall control.
  2. The commissioner, by rule, regulation, or order, may exempt an SPFC or its protected cells, on a case-by-case basis, from this chapter if the commissioner determines regulation under this chapter to be inappropriate given the nature of the risks to be insured.


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