Tennessee § 56-6-411 Waiver of license requirements

Tennessee Statutes

§ 56-6-411 — Waiver of license requirements

Tennessee § 56-6-411

Title56

This text of Tennessee § 56-6-411 (Waiver of license requirements) 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. § 56-6-411 (2026).

Text

The commissioner may waive the requirements of § 56-6-410 for any person or class of persons. The factors taken into account in granting the waiver shall include, but not be limited to:

(1)Whether the person acting as an administrator is primarily in a business other than that of administrator;

(2)Whether the financial strength or history of the organization indicates stability in its continuity of doing business; and (3) Whether the regular duties being performed as an administrator are such that the covered persons are not likely to be injured by a waiver of the requirements.

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The commissioner may waive the requirements of § 56-6-410 for any person or class of persons. The factors taken into account in granting the waiver shall include, but not be limited to: (1) Whether the person acting as an administrator is primarily in a business other than that of administrator; (2) Whether the financial strength or history of the organization indicates stability in its continuity of doing business; and (3) Whether the regular duties being performed as an administrator are such that the covered persons are not likely to be injured by a waiver of the requirements.