- (1) If a domestic insurer, including any person controlling a domestic insurer, is proposing a merger or acquisition pursuant to T.C.A. § 56-11-103(a) that person shall file a pre- acquisition notification form, Form E, which was developed pursuant to T.C.A. § 56-11- 104(c)(1).
- (2) Additionally, if a non-domiciliary insurer licensed to do business in this state is proposing a merger or acquisition pursuant to T.C.A. § 56-11-104 that person shall file a pre-acquisition notification form, Form E. No pre-acquisition notification form need be filed if the acquisition is beyond the scope of T.C.A. § 56-11-104 as set forth in T.C.A. § 56-11-104(b)(2).
- (3) In addition to the information required by Form E, the Commissioner may wish to require an expert opinion as to the competitive impact of the proposed acquisition.
Authority: T.C.A. §§ 56-2-301, 56-11-101 through 56-11-119, and 2014 Public Acts, Chapter 583. Administrative History: Original rule filed March 31, 1995; effective June 16, 1995. Amendments and new rules filed December 2, 2015; effective March 1, 2016. WITH REPORTING FORMS AND INSTRUCTIONS