Tennessee § 49-4-110 - Revocation of authorization.
Full text of Tennessee Tennessee Code Annotated § 49-4-110 — Revocation of authorization., with citation guidance and answers to common questions.
§ 49-4-110. Revocation of authorization.
The commissioner shall have the power to revoke the certificate of authority or bring proceedings for the dissolution or liquidation of a corporation pursuant to regulations promulgated by the commissioner relating to notice, hearing and opportunity for review, whenever the commissioner finds that: The corporation is being operated for profit; The affairs of the corporation are being fraudulently conducted; The corporation is guilty of a violation of any of this part; The certificate of authority was obtained by fraud; The corporation is guilty of false or misleading advertising; Trust funds have been or are being used for purposes other than scholarships; There has been a material variance between any plan or plans as filed with the commissioner and the actual administration of the plan or plans to the detriment of any member, trustee of member or class of member; The corporation has willfully failed to file reports required by the commissioner pursuant to this part; or The corporation has refused or prevented examination of its books and records by the commissioner. Acts 1968, ch. 589, § 12; T.C.A., § 49-4512.
Frequently Asked Questions About Tennessee § 49-4-110
What does Tennessee Code Annotated § 49-4-110 cover?
Section 49-4-110 ("Revocation of authorization.") 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 § 49-4-110?
A common citation format is "Tennessee Code Annotated § 49-4-110" (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 § 49-4-110 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.