# Tenn. Code Ann. § 56-8-103: Unfair methods of competition and unfair or deceptive acts or practices prohibited

> Tennessee · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-103

## Section

- **Citation:** Tenn. Code Ann. § 56-8-103
- **Heading:** Unfair methods of competition and unfair or deceptive acts or practices prohibited
- **Jurisdiction:** Tennessee
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TN Code / Title 56 / Chapter 8 / Section 56-8-103

## Text

No person shall engage in an unfair trade practice from, in or into this state that is defined in § 56-8-104 or § 56-8-106 or determined by rule pursuant to § 56-8-108 to be an unfair method of competition or an unfair or deceptive act or practice in the business of insurance. No person shall engage in an unfair claim practice that is defined in § 56-8-105 or determined by rule pursuant to § 56-8-108 to be an unfair claim practice. However, the commissioner may not levy a civil penalty or suspend or revoke a license for violating an unfair claim practice unless: (1) It is committed knowingly; or (2) It has been committed with such frequency as to indicate a general business practice. Acts 2008, ch. 1079, §§ 1, 4.
No person shall engage in an unfair trade practice from, in or into this state that is defined in § 56-8-104 or § 56-8-106 or determined by rule pursuant to § 56-8-108 to be an unfair method of competition or an unfair or deceptive act or practice in the business of insurance. No person shall engage in an unfair claim practice that is defined in § 56-8-105 or determined by rule pursuant to § 56-8-108 to be an unfair claim practice. However, the commissioner may not levy a civil penalty or suspend or revoke a license for violating an unfair claim practice unless:
(1) It is committed knowingly; or
(2) It has been committed with such frequency as to indicate a general business practice.
Acts 2008, ch. 1079, §§ 1, 4.

## Nearby sections

- [Tenn. Code Ann. § 56-8-101 Short title - Purpose - Authority of commissioner](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-101.md)
- [Tenn. Code Ann. § 56-8-102 Part definitions - Preemption](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-102.md)
- [Tenn. Code Ann. § 56-8-103 Unfair methods of competition and unfair or deceptive acts or practices prohibited](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-103.md)
- [Tenn. Code Ann. § 56-8-104 Unfair trade practices defined](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-104.md)
- [Tenn. Code Ann. § 56-8-105 Unfair claims practice](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-105.md)
- [Tenn. Code Ann. § 56-8-106 Lending of money, extension of credit, or renewal - Conditions prohibited - Disclosures](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-106.md)
- [Tenn. Code Ann. § 56-8-107 Power of commissioner](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-107.md)
- [Tenn. Code Ann. § 56-8-108 Additional powers of commissioner](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-108.md)
- [Tenn. Code Ann. § 56-8-109 Violations of part or rules](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-109.md)
- [Tenn. Code Ann. § 56-8-110 Promulgation of rules and orders - Review](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-110.md)
- [Tenn. Code Ann. § 56-8-111 Powers of commissioner additional to existing law](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-111.md)
- [Tenn. Code Ann. § 56-8-112 Voluntary wellness or health improvement program using incentives or rewards](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-112.md)
- [Tenn. Code Ann. § 56-8-113 Remedies and sanctions for breach of, or for alleged unfair or deceptive acts or practices in connection with, a contract of insurance](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-113.md)
- [Tenn. Code Ann. § 56-8-114 Analyzing risk factors of customers - Prohibited considerations - Notice](https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T56_C8_S56-8-103. Check the current official text before relying on it. Not legal advice.
