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TENNESSEE STATUTES AND CODES
45-8-226 - Inapplicability of § 45-8-212 to well capitalized licensee.
45-8-226. Inapplicability of § 45-8-212 to well capitalized licensee.
The requirements of § 45-8-212 shall not be applicable to a well capitalized licensee; provided, that within thirty (30) days of ceasing to be well capitalized, a licensee must apply for commissioner approval in order to retain any business acquired without the commissioner's prior approval.
[Acts 1997, ch. 131, § 8.]
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