(a) As part of an examination or investigation, the commissioner may request, and the operator or marketer shall provide, copies of materials that are distributed to prospective members.

Terms Used In Tennessee Code 56-17-106

  • Commissioner: means the commissioner of commerce and insurance. See Tennessee Code 56-17-101
  • Marketer: means a person or entity that offers, sells, markets, advertises, or otherwise distributes a discount plan, including a private label entity that places its name on, and markets or distributes, a discount plan pursuant to a marketing agreement with a discount plan operator. See Tennessee Code 56-17-101
(b) After notice and hearing, the commissioner may levy an administrative penalty, in an amount up to ten thousand dollars ($10,000), for each violation of this chapter. Each day of a continuing violation constitutes a separate violation for purposes of this chapter.
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