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Current as of January 02, 2024 | Updated by Findlaw Staff
(a) For the purposes of establishing a new fleet registrant, in order to establish a uniform month of expiration, the valuation for the vehicle license tax shall be maintained at the current valuation if it is necessary to calculate a partial year vehicle license tax.
(b) For the purposes of establishing a new fleet registrant, in order to establish a uniform month of expiration, the classification fees and any other motor carrier fees established by law may be discounted on a monthly basis for the purposes of calculating a partial registration year.
Cite this article: FindLaw.com - Tennessee Code Title 55. Motor and Other Vehicles § 55-4-505 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-55-motor-and-other-vehicles/tn-code-sect-55-4-505/
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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