56-21-119 - Lien on insured property for premiums and other policy obligations.
56-21-119. Lien on insured property for premiums and other policy obligations.
Every company operating under this chapter shall have a lien upon the property insured to secure the payment of all regular premiums, contingent premiums and other policy obligations due the company.
[Acts 1907, ch. 461, § 5; Shan., § 3369a18; Acts 1921, ch. 160, § 5; Code 1932, § 6269; T.C.A. (orig. ed.), § 56-2021.]