Tennessee Code Title 47. Commercial Instruments and Transactions § 47-18-5803

(a) A person shall not provide or offer to provide debt resolution services in this state unless the person first obtains a license from the commissioner.

(b) A licensee shall obtain a license for the licensee's primary business address.

(c) A license must not be transferred or assigned.

(d) A licensee shall file a surety bond in favor of this state in an amount the commissioner determines before the licensee may provide or offer to provide debt resolution services in this state;  provided, that the amount of the bond must not be greater than fifty thousand dollars ($50,000).  The surety bond must be in effect during the period of licensure and for two (2) years after the date the licensee ceases providing debt resolution services to individuals in this state.  The surety bond must have payment conditioned upon noncompliance with this part by the licensee or the licensee's agent.

(e) A licensee shall not provide debt resolution services in this state under a business name other than the business name that is listed on the licensee's license;  provided, that a licensee may do business under an assumed name as long as the licensee registers the assumed name with the secretary of state and provides evidence of the registration with the commissioner.

(f) To be eligible for a license under this part, a person must be a United States citizen or a qualified alien, as defined in § 4-58-102.