66-32-139 - Registration of acquisition agents Penalties for prohibited activity and conduct Commission's authority to promulgate rules and regulations. - Tennessee Statutes

66-32-139. Registration of acquisition agents Penalties for prohibited activity and conduct Commission's authority to promulgate rules and regulations.

(a)  All acquisition agents and their representatives, as defined in § 66-32-102, shall register with the commission and furnish such information as provided by commission regulation. The application for registration shall be accompanied by a twenty-five dollar ($25.00) registration fee.

(b)  The commission has the authority to assess civil penalties, or to suspend or revoke the registration of an acquisition agent, for any activity or conduct in violation of § 62-13-312 or § 66-32-121. The commission also has the authority to promulgate rules and guidelines for the training and conduct of acquisition agents.

[Acts 2000, ch. 861, § 3.]