Section 1115-01-.01 - APPLICATIONS AND INVESTIGATIONS(1) Each applicant for a personnel recruiting service license shall furnish sufficient financial information to demonstrate that the applicant shall be able to meet those obligations reasonably expected in the operation of the personnel recruiting service, including, but not limited to, any refunds owed under T.C.A. § 62-31-114.(2) Upon receipt of an application for a personnel recruiting service license, the Personnel Recruiting Services Board may make, or cause to be made, an investigation for the purpose of obtaining additional information regarding the applicant's financial responsibility if the application and/or credit report discloses that the applicant:(a) Has, within, the previous ten (10) years, filed for bankruptcy.(b) Has, within the previous ten (10) years, had judgment(s) rendered against the applicant.(c) Has a credit rating that is below average.Tenn. Comp. R. & Regs. 1115-01-.01
Original rule filed May 9, 1986; effective June 8, 1986.Authority: T. C.A. §§ 62-31-106, 62-31-109 and 62-31-118.