(a) If the application for a certificate of authority or any accompanying documents do not comply with the requirements of this chapter and chapter 1 of this title, the commissioner shall, within ten (10) business days after the receipt thereof, return them to the incorporators, calling attention to the defect or defects in the application.

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Terms Used In Tennessee Code 45-2-213

(b) If the application and accompanying documents are not so returned within the ten-day period, they shall be deemed to have been filed with the commissioner.