Filing of Written Report With Commissioner — Events Impacting Activities of Registrant

  1. Law
  2. Tennessee Code
  3. Banks and Financial Institutions
  4. Industrial Loan and Thrift Companies
  5. Supervision by Commissioner
  6. Filing of Written Report With Commissioner — Events Impacting Activities of Registrant

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Within fifteen (15) days of the occurrence of any one (1) of the events listed in this section, a registrant shall file a written report with the commissioner describing the event and its expected impact on the activities of the registrant:

  1. The filing for bankruptcy or reorganization by the registrant;
  2. The institution of revocation or suspension proceedings against the registrant by any state or governmental authority;
  3. The denial of the opportunity to engage in business by any state or governmental authority;
  4. Any felony indictment of the registrant or any of its officers, directors or principals, or partners;
  5. Any felony conviction of the registrant or any of its officers, directors, principals, or partners; and
  6. Other events that the commissioner may determine and identify by rule.


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