Tenn. Code § 56-37-104

Current through Acts 2023-2024, ch. 1069
Section 56-37-104 - Investigation of applicants
(a) Upon the filing of an application and the payment of the nonrefundable supervision fee, as provided in § 45-1-118(i), the commissioner shall make an investigation of each applicant and shall issue a license if the applicant is qualified in accordance with this chapter. If the commissioner does not so find, the commissioner shall, at the request of the applicant, give the applicant a full hearing in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5.
(b) The commissioner shall issue or renew a license, as may be applied for, when the commissioner is satisfied that the person to be licensed:
(1) Is competent and trustworthy and intends to act in good faith in the capacity involved by the license for which the person applied;
(2) Has a good business reputation and has had experience, training or education so as to be qualified in the business for which the license is required; and
(3) If a corporation, is a corporation incorporated under the laws of this state or a foreign corporation authorized to transact business in this state.

T.C.A. § 56-37-104

Amended by 2014 Tenn. Acts, ch. 736,s 36, eff. 7/1/2015.
Acts 1980, ch. 920, § 4.