No person shall, in or from within this state, act as a managing general agent, producer, or reinsurance intermediary for captive business without the authorization of the commissioner. Application for such authorization must be on a form prescribed by the commissioner.

Authority: 2011 Public Acts, Chapter 468, T.C.A. §§ 56-13-101 through 56-13-418, 56-13-108, 56-13- 115, and 56-13-121. Administrative History: Original rule filed November 30, 2012; effective February 28, 2013. Repeal and new rule filed September 22, 2017; effective December 21, 2017.