Tennessee Statutes
§ 48-249-1014 — Penalty for transacting business in Tennessee in violation of articles
Tennessee·Title 48
In the event an LLC is prohibited from transacting business in this state by its articles but actually transacts business in this state, and, but for § 48-249-1007(d) , the LLC would have paid a larger initial or annual filing fee under § 48-249-1007(d) , the LLC shall be fined an amount equal to three (3) times the initial or annual filing fee, less the amount actually paid, for each year, or part of each year, in which it actually transacts business in this state.
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Tennessee § 48-249-1014 (Penalty for transacting business in Tennessee in violation of articles) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 2005, ch. 286, § 1.
Nearby Sections
15
§ 48-1-101
Short title§ 48-1-102
Part definitions§ 48-1-103
Exemptions§ 48-1-105
Registration by coordination§ 48-1-106
Registration by qualification§ 48-1-109
Registration as broker-dealers, agents, investment advisers, and investment adviser representatives§ 48-1-111
Records and reports - Examinations§ 48-1-115
Administration