Tennessee § 45-7-110 License required

Tennessee Statutes

§ 45-7-110 — License required

Tennessee § 45-7-110

Title45

This text of Tennessee § 45-7-110 (License required) 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. § 45-7-110 (2026).

Text

(a)A person shall not engage in the business of money transmission or advertise, solicit, or hold itself out as providing money transmission, unless the person is licensed under this chapter.

(b)Subsection (a) does not apply to:

(1)A person that is an authorized delegate of a person licensed under this chapter acting within the scope of authority conferred by a written contract with the licensee; or (2) A person that is exempt pursuant to § 45-7-104 and does not engage in money transmission outside the scope of such exemption.

(c)A license issued under § 45-7-115 is not transferable or assignable.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) A person shall not engage in the business of money transmission or advertise, solicit, or hold itself out as providing money transmission, unless the person is licensed under this chapter. (b) Subsection (a) does not apply to: (1) A person that is an authorized delegate of a person licensed under this chapter acting within the scope of authority conferred by a written contract with the licensee; or (2) A person that is exempt pursuant to § 45-7-104 and does not engage in money transmission outside the scope of such exemption. (c) A license issued under § 45-7-115 is not transferable or assignable.