Tennessee Code 50-6-901 – Part definitions
Current as of: 2024 | Check for updates
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For purposes of this part, unless the context otherwise requires:
Terms Used In Tennessee Code 50-6-901
- Active and in good standing as reflected in the records of the secretary of state: means a corporation, limited liability company, or partnership that is in existence, registered or authorized to transact business in this state as reflected in the records of the secretary of state. See Tennessee Code 50-6-901
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Board: means the state board for licensing contractors. See Tennessee Code 50-6-901
- Code: includes the Tennessee Code and all amendments and revisions to the code and all additions and supplements to the code. See Tennessee Code 1-3-105
- Commissioner: means the commissioner of labor and workforce development. See Tennessee Code 50-6-102
- Construction project: means the construction, erection, remodeling, repair, improvement, alteration or demolition of a building, structure or other undertaking. See Tennessee Code 50-6-901
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Department: means the department of labor and workforce development. See Tennessee Code 50-6-102
- Engaged in the construction industry: means any person or entity assigned to the contracting group as those classifications are designated by the rate service organization designated by the commissioner of commerce and insurance as provided in §. See Tennessee Code 50-6-901
- general contractor: includes a prime contractor. See Tennessee Code 50-6-901
- Member of a limited liability company: means any member of a limited liability company formed pursuant to title 48, chapters 201-249 that is active and in good standing as reflected in the records of the secretary of state. See Tennessee Code 50-6-901
- Members of the same family of the applicant: means parents, children, siblings, grandparents, grandchildren, stepparents, stepchildren, stepsiblings, or spouses of such, and includes adoptive relationships. See Tennessee Code 50-6-901
- Oversight: Committee review of the activities of a Federal agency or program.
- 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 only a natural person and does not include a business entity. See Tennessee Code 50-6-901
- provider: means any person or entity engaged in the construction industry. See Tennessee Code 50-6-901
- Registry: means the construction services provider workers' compensation exemption registry established pursuant to this part and maintained by the bureau of workers' compensation. See Tennessee Code 50-6-901
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105