(a) The commission is authorized to set fees annually based on the intent to collect revenues sufficient to fully fund all costs of this regulatory function.(b) All fees collected pursuant to this part shall be deposited in the state treasury credited to a special agency account to administer this part.(c) The fees collected by the commission must accompany an application for authorization of an institution, or other application or request, in accordance with the schedule set out in the rules promulgated pursuant to this chapter. All fees must be stated as a flat fee.(d) Eligible institutions pursuing optional expedited authorization from the commission shall be subject to a flat annual fee collected by the commission and shall be exempt from all other fees under this part.Amended by 2022 Tenn. Acts, ch. 1044, s 24, eff. 7/1/2022.Amended by 2022 Tenn. Acts, ch. 1044, s 23, eff. 7/1/2022.Amended by 2016 Tenn. Acts, ch. 868, s 7, eff. 10/1/2016.Amended by 2016 Tenn. Acts, ch. 868, s 6, eff. 10/1/2016.Acts 1961, ch. 112, § 17; 1974, ch. 781, § 17; T.C.A., § 49-3917; Acts 1989, ch. 425, §§ 15-17; 1992, ch. 1026, § 6; 2006, ch. 766, § 6.
Tennessee Legal Code