Tennessee Code 56-26-128 – Violations – Penalty
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Tennessee Code 56-26-128
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means any association, aggregate of individuals, business, company, corporation, individual, joint-stock company, Lloyds-type organization, organization, partnership, receiver, reciprocal or interinsurance exchange, trustee or society. See Tennessee Code 56-16-102
Any person, firm, partnership or corporation willfully violating any provision of § 56-26-125 or § 56-26-126 shall be liable for the civil penalty provided in § 56-26-123.