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Current as of January 02, 2024 | Updated by Findlaw Staff
(a) To establish consistent licensing between this state and other states, the commissioner is authorized to:
(1) Implement all licensing provisions of this chapter in a manner that is consistent with other states that have adopted this chapter or multistate licensing processes; and
(2) Participate in nationwide protocols for licensing cooperation and coordination among state regulators; provided, that such protocols are consistent with this chapter.
(b) In order to fulfill the purposes of this chapter, the commissioner is authorized to establish relationships or contracts with NMLS or other entities to enable the commissioner to:
(1) Collect and maintain records;
(2) Coordinate multistate licensing processes and supervision processes;
(3) Process fees; and
(4) Facilitate communication between this state and licensees or other persons subject to this chapter.
Cite this article: FindLaw.com - Tennessee Code Title 45. Banks and Financial Institutions § 45-7-111 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-45-banks-and-financial-institutions/tn-code-sect-45-7-111/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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