0500-08-01-.03

Documentation Of Delivery Of Qualified Investment Funds

Last amended: 2015Year: 2026Length: 48 wordsOfficial source

Cite as Tenn. Comp. R. & Regs. 0500-08-01-.03

(1) The TNInvestco shall submit to ECD documentation of the delivery of Qualified Investment Funds to a Qualified Business within sixty (60) Days of delivery. (2) In the event of noncompliance with this rule, a penalty of $1,000 per Day shall be assessed until the noncompliance is cured.
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