Tennessee § 45-17-106 Filing fees - Financial statements

Tennessee Statutes

§ 45-17-106 — Filing fees - Financial statements

Tennessee § 45-17-106

Title45

This text of Tennessee § 45-17-106 (Filing fees - Financial statements) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 45-17-106 (2026).

Text

(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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(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.

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.