56-27-120 - Renewals of licenses Agents' certificates of authority.
56-27-120. Renewals of licenses Agents' certificates of authority.
All licenses authorizing medical service plan corporations to transact business in this state shall be renewable on April 1 of each year, subject to the approval of the commissioner. Every medical service corporation licensed to do business in this state under this chapter shall obtain from the commissioner a certificate of authority for every agent writing or soliciting medical service plan contracts for the medical service corporation in this state, and the certificate shall be renewable January 1 of each year, subject to applicable sections of the insurance laws, including the revenue law of this state for ordinary life, health and accident insurance agents.
[Acts 1945, ch. 113, § 24; C. Supp. 1950, § 4186.40 (Williams, § 4186.41); T.C.A. (orig. ed.), § 56-2920.]