0500-08-01-.04
Investment Confirmation Letters
Cite as Tenn. Comp. R. & Regs. 0500-08-01-.04
(1)
Within sixty (60) Days after the delivery of Qualified Investment Funds to a Qualified
Business, the TNInvestco shall submit to ECD an Investment Certification Letter certified by
the Principal Officer of the Qualified Business.
(2)
In the event of noncompliance with this rule, a penalty of $1,000 per Day shall be assessed
until the noncompliance is cured.