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2017 Tennessee Code
Title 62 - Professions, Businesses and Trades
Chapter 20 - Tennessee Collection Service Act
§ 62-20-112. Expiration and renewal of licenses.
Universal Citation: TN Code § 62-20-112 (2017)
- (a) All licenses or identification cards shall expire the last day of the twenty-fourth month from issuance or renewal.
- (b) Application for renewal of a collection service license shall be submitted to the board prior to the expiration date and shall be accompanied by:
- (1) A fee as set by the board;
- (2) Evidence of renewal of the bond or certificate of deposit under the terms required by this chapter;
- (3) A current balance sheet prepared by a licensed public accountant or certified public accountant; and
- (4) Proof that all taxes that are applicable to the collection service licensee and that are then due and payable have been paid.
- (c) All licenses shall be subject to late renewal for a period of sixty (60) days following their expiration date by payment of the prescribed fee plus a penalty as set by the board.
- (d) [Deleted by 2013 amendment.]
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