SB 1106
Comp
Insurance Companies, Agents, Brokers, Policies - As enacted, clarifies that the exemption from claims of creditors for the net amount payable under a policy of life insurance or under an annuity contract upon the life of a person made for the benefit of, or assigned to, the spouse, children, or dependent relatives of the person includes claims through execution, attachment, seizure, and garnishment, and that use of exempt funds does not change the classification of the funds used from exempt to nonexempt. - Amends TCA Title 56.
- Tennessee
- Senate
- Introduced Feb 5, 2025
- Session 114
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View on official siteLegislative Timeline
9 actions-
Comp. became Pub. Ch. 150
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Companion House Bill substituted
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Placed on Senate Consent Calendar 2 for 3/24/2025
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Recommended for passage, refer to Senate Calendar Committee
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Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
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Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
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Passed on Second Consideration, refer to Senate Commerce and Labor Committee
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Introduced, Passed on First Consideration
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Filed for introduction