TCA § 45-7-113 — Changes in control of a licensee — United States — Tennessee law | Esheria

TCA § 45-7-113 — Changes in control of a licensee

A change in control of a licensee requires prior notice to the commissioner, and a publicly traded corporation must give written notice within 15 days. The commissioner may request more information, may waive an application in some cases, and an unlawful change in control can revoke the license. The licensee or control

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Jurisdiction
United States — Tennessee
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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Statute overview

About this statute

A change in control of a licensee requires prior notice to the commissioner, and a publicly traded corporation must give written notice within 15 days. The commissioner may request more information, may waive an application in some cases, and an unlawful change in control can revoke the license. The licensee or controlling person must surrender the license on demand.

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