Within fifteen (15) days of the occurrence of any one (1) of the events listed in subdivisions (1)-(6), a licensee shall file a written report with the commissioner describing the event and its expected impact on the activities of the licensee in this state: (1) The filing for bankruptcy or reorganization by the licensee; (2) The institution of revocation or suspension proceedings against the licensee by any state or governmental authority; (3) The denial of the opportunity to engage in the business of making loans by any state or governmental authority; (4) Any felony indictment of the licensee or any of its directors, officers or principals; (5) Any felony conviction of the licensee or any of its directors, officers or principals; and (6) Other events that the commissioner may determine and identify by rule. Added by 2014 Tenn. Acts, ch. 969,s 1, eff. 1/1/2015. Within fifteen (15) days of the occurrence of any one (1) of the events listed in subdivisions (1)-(6), a licensee shall file a written report with the commissioner describing the event and its expected impact on the activities of the licensee in this state: (1) The filing for bankruptcy or reorganization by the licensee; (2) The institution of revocation or suspension proceedings against the licensee by any state or governmental authority; (3) The denial of the opportunity to engage in the business of making loans by any state or governmental authority; (4) Any felony indictment of the licensee or any of its directors, officers or principals; (5) Any felony conviction of the licensee or any of its directors, officers or principals; and (6) Other events that the commissioner may determine and identify by rule. Added by 2014 Tenn. Acts, ch. 969,s 1, eff. 1/1/2015. Within fifteen (15) days of the occurrence of any one (1) of the events listed in subdivisions (1)-(6), a licensee shall file a written report with the commissioner describing the event and its expected impact on the activities of the licensee in this state: (1) The filing for bankruptcy or reorganization by the licensee; (2) The institution of revocation or suspension proceedings against the licensee by any state or governmental authority; (3) The denial of the opportunity to engage in the business of making loans by any state or governmental authority; (4) Any felony indictment of the licensee or any of its directors, officers or principals; (5) Any felony conviction of the licensee or any of its directors, officers or principals; and (6) Other events that the commissioner may determine and identify by rule. Added by 2014 Tenn. Acts, ch. 969,s 1, eff. 1/1/2015. Within fifteen (15) days of the occurrence of any one (1) of the events listed in subdivisions (1)-(6), a licensee shall file a written report with the commissioner describing the event and its expected impact on the activities of the licensee in this state: (1) The filing for bankruptcy or reorganization by the licensee; (2) The institution of revocation or suspension proceedings against the licensee by any state or governmental authority; (3) The denial of the opportunity to engage in the business of making loans by any state or governmental authority; (4) Any felony indictment of the licensee or any of its directors, officers or principals; (5) Any felony conviction of the licensee or any of its directors, officers or principals; and (6) Other events that the commissioner may determine and identify by rule.
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