Tennessee § 48-249-1014 Penalty for transacting business in Tennessee in violation of articles

Tennessee Statutes

§ 48-249-1014 — Penalty for transacting business in Tennessee in violation of articles

Tennessee § 48-249-1014

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This text of Tennessee § 48-249-1014 (Penalty for transacting business in Tennessee in violation of articles) 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. § 48-249-1014 (2026).

Text

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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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.