Tennessee Statutes

§ 45-7-127 — Unauthorized activities

Tennessee § 45-7-127

This text of Tennessee § 45-7-127 (Unauthorized activities) 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. § 45-7-127 (2026).

Text

A person shall not engage in the business of money transmission on behalf of a person not licensed under this chapter or not exempt pursuant to § 45-7-104 . A person that engages in such activity provides money transmission to the same extent as if the person were a licensee, and is jointly and severally liable with the unlicensed or nonexempt person.

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Legislative History

Amended by 2023 Tenn. Acts, ch. 115, s 1, eff. 1/1/2024. Acts 2013, ch. 103, § 2; T.C.A., §45-7-227.

Nearby Sections

15
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Bluebook (online)
Tennessee § 45-7-127, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-7-127.