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2019 Tennessee Code
Title 45 - Banks and Financial Institutions
Chapter 18 - Check Cashing Act
§ 45-18-117. Civil penalties.
Universal Citation: TN Code § 45-18-117 (2019)
- If, after notice and an opportunity for a hearing, the commissioner finds that a person has violated this chapter or a rule adopted under this chapter, the commissioner may, in addition to all other powers conferred in this chapter:
(1) Order the person to cease and desist violating the chapter or its rules and require the refund of any fees collected by the person in violation of this chapter; and
(2) Order the person to pay to the commissioner a civil penalty in an amount specified by the commissioner, not to exceed one thousand dollars ($1,000) for each violation or, in the case of a continuing violation, one thousand dollars ($1,000) for each day that the violation continues.
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