49-4-104 - Unauthorized solicitation or advertising. - Tennessee Statutes

49-4-104. Unauthorized solicitation or advertising.

It is unlawful for any person, firm, corporation or corporation for profit to:

     (1)  Solicit funds for the operation of any plan, except as provided in this part; or

     (2)  Advertise any plan prior to the approval of the advertisement by the commissioner, to prevent material misrepresentation of law or fact with regard to the plan.

[Acts 1968, ch. 589, §§ 2, 4; T.C.A., §§ 49-4502, 49-4504.]