Tenn. Code § 45-17-109

Current through Acts 2023-2024, ch. 1069
Section 45-17-109 - Reports to commissioner

Within fifteen (15) days of the occurrence of any one (1) of the events listed in subdivisions (1)-(6), a licensee shall file a written report with the commissioner describing the event and its expected impact on the activities of the licensee in this state:

(1) The filing for bankruptcy or reorganization by the licensee;
(2) The institution of revocation or suspension proceedings against the licensee by any state or governmental authority;
(3) The denial of the opportunity to engage in the deferred presentment services business by any state or governmental authority;
(4) Any felony indictment of the licensee or any of its directors, officers or principals;
(5) Any felony conviction of the licensee or any of its directors, officers or principals; and
(6) Other events that the commissioner may determine and identify by rule.

T.C.A. § 45-17-109

Acts 1997, ch. 255, § 10; 1999, ch. 14, § 1.