Tennessee Code 45-7-134 – Licensee liability
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 45-7-134
- Licensee: means a person licensed under this chapter. See Tennessee Code 45-7-103
- Person: means any individual, general partnership, limited partnership, limited liability company, corporation, trust, association, joint stock corporation, or other corporate entity identified by the commissioner. See Tennessee Code 45-7-103
A licensee‘s responsibility to any person who purchases a payment instrument or money transmission transaction from a licensee or a licensee’s authorized agent is limited to the face amount of the payment instrument or money transmission transaction purchased.