2010 Tennessee Code
Title 45 - Banks And Financial Institutions
Chapter 7 - Money Transmission
Part 2 - Money Transmitters
45-7-225 - Criminal penalties Reports.

45-7-225. Criminal penalties Reports.

(a)  Any person who knowingly and willfully violates any provision of this part or any order or rule pursuant thereto for which a penalty is not specifically provided commits a Class C misdemeanor; provided, that each day the violation occurs constitutes a separate offense.

(b)  Any person who knowingly and willfully makes a material, false statement in any document filed or required to be filed under this part with the intent to deceive the recipient of the document commits a Class E felony.

(c)  Any person who knowingly and willfully fails to file a document required to be filed under this part commits a Class E felony.

(d)  Any person who carries on an unauthorized money transmitter business commits a Class E felony.

(e)  Any person who obstructs or endeavors to obstruct a lawful examination of a licensee or agent commits a Class E felony.

(f)  It is the duty of the commissioner to submit to the district attorneys general for the respective counties of the state any criminal violation of this part known by the commissioner to have occurred in the county. The commissioner shall also report the violation to the appropriate division of the Tennessee bureau of investigation. The commissioner may provide the information to the attorney general and reporter or the appropriate federal authorities , or both, as the commissioner deems proper. Confidential information that is communicated by the commissioner pursuant to this section remains confidential in the hands of the agency to which the information is reported, and does not become a matter of public record by virtue of this communication.

[Acts 1994, ch. 715, § 1.]