Tennessee § 45-7-102 Purpose

Tennessee Statutes

§ 45-7-102 — Purpose

Tennessee § 45-7-102

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This text of Tennessee § 45-7-102 (Purpose) 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. § 45-7-102 (2026).

Text

It is the purpose of this chapter to:

(1)Promote coordination among the states in all areas of regulation, licensing, and supervision to reduce regulatory burden and more effectively utilize regulator resources;

(2)Protect the public from financial crime;

(3)Standardize the types of activities that are subject to licensing or otherwise exempt from licensing; and (4) Modernize safety and soundness requirements to ensure customer funds are protected in an environment that supports innovative and competitive business practices.

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It is the purpose of this chapter to: (1) Promote coordination among the states in all areas of regulation, licensing, and supervision to reduce regulatory burden and more effectively utilize regulator resources; (2) Protect the public from financial crime; (3) Standardize the types of activities that are subject to licensing or otherwise exempt from licensing; and (4) Modernize safety and soundness requirements to ensure customer funds are protected in an environment that supports innovative and competitive business practices.