Tennessee Code Title 45. Banks and Financial Institutions § 45-7-116

(b) A licensee shall submit a renewal report with the supervision fee, in a form and in a medium prescribed by the commissioner, between November 1 and December 31 of each year. The renewal report must state or contain a description of each material change in information submitted by the licensee in its original license application that has not been reported to the commissioner.

(c) Failure to timely pay the supervision fee or to timely submit a completed renewal report causes the license to expire at the close of business on December 31. An abatement of the supervision fee must not be made if the license is surrendered, cancelled, revoked, or suspended prior to the expiration of the period for which it was issued.

(d) Licenses issued or renewed under the former provisions of this chapter expire on December 31, 2024.