(a) All licenses or identification cards shall expire the last day of the twenty-fourth month from issuance or renewal.

Terms Used In Tennessee Code 62-20-112

  • Board: means the Tennessee collection service board. See Tennessee Code 62-20-102
  • Collection service: includes , but is not limited to:
    (A) Any deputy sheriff, constable or other individual who, in the course of that person's duties, accepts any compensation other than that fixed by statute in connection with the collection of an account. See Tennessee Code 62-20-102
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Month: means a calendar month. See Tennessee Code 1-3-105
(b) Application for renewal of a collection service license shall be submitted to the board prior to the expiration date and shall be accompanied by:

(1) A fee as set by the board;
(2) Evidence of renewal of the bond or certificate of deposit under the terms required by this chapter;
(3) A current balance sheet prepared by a licensed public accountant or certified public accountant; and
(4) Proof that all taxes that are applicable to the collection service licensee and that are then due and payable have been paid.
(c) All licenses shall be subject to late renewal for a period of sixty (60) days following their expiration date by payment of the prescribed fee plus a penalty as set by the board.
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