[Effective Until 7/1/2024]
(a) The division shall examine each registration statement and supporting documents filed by all applicants and shall determine whether the registration requirements are satisfied. If the division determines that the registration requirements are not satisfied, the department shall notify the applicant within ten (10) working days of its receipt of its registration statement or the registration statement is deemed to be approved. Within seven (7) days after receipt of notification that the regulation requirements are not satisfied, the applicant may request a hearing. The hearing shall be held within seven (7) days of receipt of the request, and a determination shall be rendered within three (3) business days of the hearing.
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Terms Used In Tennessee Code 48-101-508
- Business: includes every trade, occupation, profession, investment activity and other lawful purpose for gain or the preservation of assets whether or not carried on for profits. See Tennessee Code 48-202-101
- Division: means the department of state's division of business and charitable organizations. See Tennessee Code 48-101-501 v2
