Tennessee § 62-20-112 - Expiration and renewal of licenses.
Full text of Tennessee Tennessee Code Annotated § 62-20-112 — Expiration and renewal of licenses., with citation guidance and answers to common questions.
§ 62-20-112. Expiration and renewal of licenses.
All licenses or identification cards shall expire the last day of the twenty-fourth month from issuance or renewal. Application for renewal of a collection service license shall be submitted to the board prior to the expiration date and shall be accompanied by: A fee as set by the board; Evidence of renewal of the bond or certificate of deposit under the terms required by this chapter; A current balance sheet prepared by a licensed public accountant or certified public accountant; and Proof that all taxes that are applicable to the collection service licensee and that are then due and payable have been paid. All licenses shall be subject to late renewal for a period of sixty (60) days following their expiration date by payment of the prescribed fee plus a penalty as set by the board. Acts 1981, ch. 170, § 12; 1985, ch. 354, § 15; 1988, ch. 823, §§ 19-23; 1989, ch. 360, § 11; 1989, ch. 523, §§ 171-173; 1990, ch. 1026, § 43; 2008, ch. 1038, § 3; 2013, ch. 180, § 8. Cross-References. Director of division of regulatory boards to promulgate rules establishing renewal dates of licenses, certificates or permits, § 56-1-302 .
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 62-20-112
What does Tennessee Code Annotated § 62-20-112 cover?
Section 62-20-112 ("Expiration and renewal of licenses.") 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 § 62-20-112?
A common citation format is "Tennessee Code Annotated § 62-20-112" (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 § 62-20-112 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.