Tenn. Comp. R. & Regs. 1540-01-10-.09 - FEES

(1) An institution shall pay a fee of nine thousand dollars ($9,000) to the Commission when filing an Optional Expedited Authorization Application or Certification of Compliance. Any convenience charge for electronic payments shall equal the amount charged by the vendor.

(2) If an institution withdraws an application within three (3) business days from receipt, then all fees assessed less the convenience charge for electronic payments shall be refunded. After three (3) business days from filing of the application, all fees are nonrefundable.

(3) Institutions that fail to complete the application process described in Rule .08 of these rules shall forfeit all fees paid.

Notes

Tenn. Comp. R. & Regs. 1540-01-10-.09

Emergency rules filed August 15, 2016; effective October 3, 2016 through April 1, 2017. Original rules filed December 21, 2016; effective March 21, 2017. Emergency rules filed June 29, 2022; effective July 1, 2022 through December 28, 2022. Amendments filed September 30, 2022; effective 12/29/2022.

Authority: T.C.A. §§ 49-7-2005 and 49-7-2022; Acts 2016, Ch. 868; and 2022 Tenn. Pub. Ch. No. 1044.