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Home » US Law » 2021 Tennessee Code » Title 49 - Education » Chapter 4 - Financial Aid » Part 1 - Cooperative Scholarship Plans » § 49-4-104. Unauthorized Solicitation or Advertising

It is unlawful for any person, firm, corporation or corporation for profit to:

  1. Solicit funds for the operation of any plan, except as provided in this part; or
  2. Advertise any plan prior to the approval of the advertisement by the commissioner, to prevent material misrepresentation of law or fact with regard to the plan.