Tennessee § 45-7-117 Maintenance of license

Tennessee Statutes

§ 45-7-117 — Maintenance of license

Tennessee § 45-7-117

Title45

This text of Tennessee § 45-7-117 (Maintenance of license) 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. § 45-7-117 (2026).

Text

(a)If a licensee does not continue to meet the qualifications or satisfy the requirements that apply to an applicant for a new money transmission license, the commissioner may suspend or revoke the licensee's license in accordance with the procedures established by this chapter or other applicable state law for such suspension or revocation.

(b)An applicant for a money transmission license must demonstrate that it meets or will meet the requirements in §§ 45-7-135 , 45-7-136 , and 45-7-137 . A money transmission licensee must at all times meet the requirements in §§ 45-7-135 , 45-7-136 , and 45-7-137 .

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(a) If a licensee does not continue to meet the qualifications or satisfy the requirements that apply to an applicant for a new money transmission license, the commissioner may suspend or revoke the licensee's license in accordance with the procedures established by this chapter or other applicable state law for such suspension or revocation. (b) An applicant for a money transmission license must demonstrate that it meets or will meet the requirements in §§ 45-7-135 , 45-7-136 , and 45-7-137 . A money transmission licensee must at all times meet the requirements in §§ 45-7-135 , 45-7-136 , and 45-7-137 .