(1) No license shall be transferable to another person.
(2) Upon change of ownership of a collection service, the new owner shall apply for and obtain a new collection service license before commencing or continuing business.
Tenn. Code Ann. § 62-20-113
Licenses nontransferable
Known as the Tennessee Collection Service Act
The act spans §§ 62-20-101 to 62-20-124 (24 sections).
Acts 1981, ch. 170, § 13; 1988, ch. 823, § 24.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.