Tenn. Comp. R. & Regs. 0780-02-04-.02 - LICENSING OF MANUFACTURERS

(1) An applicant for a license as a manufacturer shall complete an application form prescribed by the commissioner and submit the same to the commissioner along with a nonrefundable application fee of one hundred dollars ($100.00). The applicant shall also submit a surety bond in the amount of fifty thousand dollars ($50,000.00), executed by the applicant as principal and issued by a surety company qualified to do business in the State of Tennessee.

(2) A license as a manufacturer shall expire one (1) year after the date of issuance, unless renewed. Any person desiring to renew a license later than ninety (90) days after the expiration of the license shall submit a new application and meet all other application requirements.

(3) Any manufacturer who fails to renew a license prior to its expiration but before ninety days (90) days after its expiration shall pay a late penalty of fifty dollars ($50.00) in addition to the renewal fee.

(4) Any manufacturer who commences business in this State prior to obtaining proper licensure shall be assessed a civil penalty of five hundred dollars ($500.00) for each manufactured home sold prior to licensure. This paragraph does not apply to any manufacturer who does not manufacture manufactured homes.

Notes

Tenn. Comp. R. & Regs. 0780-02-04-.02

Original rule certified June 10, 1974. Repeal filed April 20, 1978; effective May 22, 1978. New rule filed June 28, 1984; effective July 28, 1984. Amendment filed November 12, 1986; effective December 27, 1986. Amendment filed June 15, 1988; effective September 28, 1988. Amendment filed March 12, 2004; effective May 26, 2004.

Authority: T.C.A. §§ 68-126-204, 68-126-206, and 68-126-210.