Statutes > Tennessee Statutes > Title 56 - Insurance > Chapter 3 - Operation of Insurance Companies > Part 6 - Prohibition on Political Funding > 56-3-603 - Revocation of license for use and acceptance of funds for political purposes.

56-3-603 - Revocation of license for use and acceptance of funds for political purposes.

56-3-603. Revocation of license for use and acceptance of funds for political purposes.

The commissioner is authorized to revoke the license of any insurance company, the funds of which have been used in violation of this part.

[Acts 1907, ch. 443, § 2; impl. am. Acts 1923, ch. 7, §§ 50, 51; Shan., § 3369a145; Code 1932, § 6438; T.C.A. (orig. ed.), § 56-227; impl. am. Acts 1971, ch. 137, § 2; T.C.A., § 56-325.]