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56-29-106 - License required.

56-29-106. License required.

A corporation, subject to this chapter, may issue contracts only when the department has, by formal license, authorized it to do so.

[Acts 1949, ch. 234, § 5; C. Supp. 1950, § 4186.47 (Williams, § 4186.50); impl. am. Acts 1971, ch. 137, § 1; T.C.A. (orig. ed.), § 56-3106.]  

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