Tennessee § 67-4-902 - Part definitions.
Full text of Tennessee Tennessee Code Annotated § 67-4-902 — Part definitions., with citation guidance and answers to common questions.
§ 67-4-902. Part definitions.
For purposes of this part: “Adjusted revenues” means, for each fantasy sports contest, the amount equal to the total entry fees collected from all participants entering the fantasy sports contest less winnings paid to participants in the contest, multiplied by the resident percentage; “Commissioner” means the commissioner of revenue; “Entry fees” has the same meaning as defined in § 47-18-1602; “Fantasy sports contest” has the same meaning as defined in § 47-18-1602; “Fantasy sports operator” has the same meaning as defined in § 47-18-1602; “Player” has the same meaning as defined in § 47-18-1602; “Resident percentage” means, for each fantasy sports contest, the percentage, rounded to the nearest tenth of a percent (0.1%), of the total entry fees collected from Tennessee consumers divided by the total entry fees collected from all players, regardless of the players' location, of the fantasy sports contest; and “Tennessee consumer” has the same meaning as defined in § 47-18-1602. Acts 2016, ch. 978, § 4. Code Commission Notes. Acts 2016, ch. 978, § 4 enacted a new part 32, but the part has been redesignated as part 9, by authority of the Code Commission. Compiler's Notes. For Preamble to act relative to online simulated competition, see Acts 2016, ch. 978. Effective Dates. Acts 2016, ch. 978, § 6. July 1, 2016; provided that for the purposes of promulgating rules and for purposes of §§ 39-17-501 and 47-18-1611 , the act shall take effect April 27, 2016.
Frequently Asked Questions About Tennessee § 67-4-902
What does Tennessee Code Annotated § 67-4-902 cover?
Section 67-4-902 ("Part definitions.") 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 § 67-4-902?
A common citation format is "Tennessee Code Annotated § 67-4-902" (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 § 67-4-902 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.