Section 0780-02-04-.03 - LICENSING OF RETAILERS(1) An applicant for a license as a retailer shall complete an application form prescribed by the commissioner and submit the same to the commissioner along with a nonrefundable application fee of forty dollars ($40.00). The applicant shall also submit a surety bond in the amount of twenty-five thousand dollars ($25,000.00), executed by the applicant as principal and issued by a surety company qualified to do business in the State of Tennessee.(2) Effective July 1, 2003, an applicant for a license as a manufactured home retailer shall provide proof, at the time of application, of having completed a fifteen (15) hour course, approved by the commissioner, in the installation of manufactured homes. This paragraph does not apply to any retailer who does not sell manufactured homes.(3) Effective July 1, 2003, an applicant for a license as a manufactured home retailer shall provide proof, at the time of application, of having passed an examination, approved by the commissioner, in the installation of manufactured homes. This paragraph does not apply to any retailer who does not sell manufactured homes.(4) A license as a retailer shall expire one (1) year after the date of issuance, unless renewed. Any person desiring to renew a license later than ninety (90) days after the date of its expiration shall submit a new application and meet all other application requirements.(5) Effective January 1, 2004, and as a prerequisite to renewal of a license for 2004 as a manufactured home retailer, the retailer shall provide proof of having completed a fifteen (15) hour course, approved by the commissioner, in the installation of manufactured homes and of having passed an examination, approved by the commissioner, in the installation of manufactured homes. This paragraph does not apply to any retailer who does not sell manufactured homes.(6) Any retailer who fails to renew a license prior to its expiration but before ninety (90) days after its expiration shall pay a late penalty of fifty dollars ($50.00) in addition to the renewal fee.(7) Any retailer who commences business in this State prior to obtaining proper licensure shall be assessed a civil penalty of one thousand dollars ($1,000.00) for each manufactured home sold prior to licensure. This paragraph does not apply to any retailer who does not sell manufactured homes.Tenn. Comp. R. & Regs. 0780-02-04-.03
Original rule certified June 10, 1974. Repeal filed April 20, 1978; effective May 22, 1978. New rule filed June 28, 1984; effective July 28, 1984. Amendment filed December 13, 1985; effective January 12, 1986. Amendment filed March 12, 2004; effective May 26, 2004.Authority: T.C.A. §§ 68-126-204, 68-126-206, and 68-126-210.