Go to previous versions
of
this Section
2021 Tennessee Code
Title 56 - Insurance
Chapter 4 - Fees and Taxes
Part 3 - Investment Companies
§ 56-4-308. Powers of Commissioner — Failure to File Return or Filing False Return
Universal Citation: TN Code § 56-4-308 (2021)
- The commissioner is vested with the following powers:
- To examine at the expense of the investment company, subject to this part, the books and records, for the purpose of determining the amount of taxes due, in the event of the failure of the investment company to make its return or for the purpose of verifying or correcting any return made; and
- To issue distress warrants for the collection of any tax due and unpaid, or to institute suit in the courts of law or chancery, for the use and benefit of the state.
- Upon the failure or refusal of any investment company subject to this part to file a return or upon the filing of a false return, the investment company shall thereafter be estopped to dispute the accuracy of the assessment made by the commissioner.
Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
