Tennessee HB0161 amends investment regulations for insurance companies, adjusting reserve requirements and fund classifications.
Tennessee HB0161 modifies Tennessee Code Annotated, Title 56, Chapter 3, Part 4, concerning investments by insurance companies. It updates reserve requirements for government and Class 1 money market funds, aligning them with the National Association of Insurance Commissioners (NAIC) Investment Analysis Office guidelines. The bill also introduces new classifications for money market funds and takes effect immediately upon becoming law.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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