Tenn. Comp. R. & Regs. 0960-01-.18 - EXEMPTIONS FOR AUCTIONS OF MOTOR VEHICLES FOR ESTATE SALES AND FOR NURSING OR HEALTH CARE HOME EXPENSES
(1) The following shall be exempt from the licensing provisions of this Chapter:
(a) Estate Auctions. Up to five (5) motor vehicle or recreational vehicles owned and titled to the individual decedent may be placed for sale at auction with the decedent's other personal property.
(b) Auction Sales for Expenses to be Utilized for Nursing or Health Care Home Expenses Purposes. Up to five (5) motor vehicle or recreational vehicles owned and titled to the individual for whom proceeds from the sale will be used to fund nursing or health care home expenses may be placed at auction.
Authority: T.C.A. §§ 55-17-107(1) and 55-17-402.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.