Tennessee · Tennessee Code — full code (public domain; via Open US Law, CC BY 4.0)
Tenn. Code § 45-12-104: Tenn. Code Ann. § 45-12-104
What this law says, in plain English
Applicants for flex loan licenses must have at least $50,000 tangible net worth per location and demonstrate financial responsibility and fitness. The commissioner may review business records, key personnel qualifications, and criminal/disciplinary history.
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