Tennessee Code 45-7-122 – Authorized delegate reporting

(a) Each licensee shall submit a report of authorized delegates within forty-five (45) days after the end of the calendar quarter.

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Authorized delegate: means a person that a licensee designates to engage in money transmission on behalf of the licensee. See Tennessee Code 45-7-103
Commissioner: means the commissioner of financial institutions. See Tennessee Code 45-7-103
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

(b) The authorized delegate report must include, at a minimum, each authorized delegate’s:

(1) Company legal name;

(2) Taxpayer employer identification number;

(3) Principal provider identifier;

(4) Physical address;

(5) Mailing address;

(6) Business conducted in other states;

(7) Any fictitious or trade name;

(8) Contact person name, phone number, and email;

(9) Start date as licensee’s authorized delegate;

(10) End date acting as licensee’s authorized delegate, if applicable; and

(11) Any other information the commissioner reasonably requires with respect to the authorized delegate.

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