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2017 Tennessee Code
Title 55 - Motor and Other Vehicles
Chapter 17 - Vehicle Sales Licenses
Part 1 - Motor Vehicle Sales Licenses
§ 55-17-112. License fees -- Interest -- Penalty.
Universal Citation: TN Code § 55-17-112 (2017)
- (a) The biennial license fees for licenses issued and renewed under this part shall be set by the commission.
- (b) A penalty of fifty percent (50%) of the amount of the license fee will be assessed on any renewal application postmarked after the expiration date of the license.
- (c) No renewal application will be accepted more than ninety (90) days after the expiration date of a license.
- (d) Notwithstanding §§ 55-17-108 and 55-17-119 to the contrary, all revenue resulting from fees, penalties or interest increased by the 1987 amendment to this section shall be allocated to the motor vehicle commission.
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