Tennessee Statutes
§ 45-17-106 — Filing fees - Financial statements
Tennessee·Title 45
(a)Each application for a license shall be accompanied by:
(1)A nonrefundable supervision fee, as provided in § 45-1-118(i) ; and (2) A balance sheet and income statement for the immediately preceding fiscal year end, prepared in accordance with generally accepted accounting principles by a certified public accountant or public accounting firm. For a newly created entity, the commissioner may accept a balance sheet only, accompanied by a projected income statement demonstrating that the licensee will have adequate capital after payment of start-up costs.
(b)The supervision fee set forth in subdivision (a)(1) shall be applicable to each location.
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Legislative History
Amended by 2014 Tenn. Acts, ch. 736,s 21, eff. 7/1/2015. Amended by 2014 Tenn. Acts, ch. 736,s 20, eff. 7/1/2015. Acts 1997, ch. 255, § 7; 1999, ch. 14, § 1.
Nearby Sections
15
§ 45-1-101
Short title§ 45-1-103
General definitions§ 45-1-104
Department to execute laws§ 45-1-106
Salary of commissioner§ 45-1-107
Powers and duties of commissioner§ 45-1-109
Oaths of office§ 45-1-111
Limitation of personal liability§ 45-1-112
Official seal§ 45-1-113
Office facilities§ 45-1-116
Examiners - Employment and duties