Tennessee § 45-7-102 - License required.
Full text of Tennessee Tennessee Code Annotated § 45-7-102 — License required., with citation guidance and answers to common questions.
§ 45-7-102. License required.
No person except those exempt pursuant to § 45-7-104, shall engage in the business of money transmission without a license or other compliance as provided in this chapter. A licensee may conduct its business in Tennessee at one (1) or more locations, directly or indirectly owned, or through one (1) or more authorized agents, or both, pursuant to the single license granted to the licensee. Acts 1994, ch. 715, § 1; T.C.A., § 45-7-202 . Code Commission Notes. Former part 2 of chapter 7, §§ 45-7-201 to 45-7-229 , was renumbered as chapter 7, §§ 45-7-101 to 45-7-129 , by the authority of the Code Commission in 2020.
Frequently Asked Questions About Tennessee § 45-7-102
What does Tennessee Code Annotated § 45-7-102 cover?
Section 45-7-102 ("License required.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 45-7-102?
A common citation format is "Tennessee Code Annotated § 45-7-102" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 45-7-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.