§ 45-19-102. Immunity for Provision of Financial Information
A “financial institution,” as defined in § 45-19-101(e), or any financial institution’s contractor that may process any records pursuant to this chapter, shall be absolutely immune from any civil or criminal liability under common law or under any contract, statute or regulation for: The disclosure of any information pursuant to this part, for the escrow, […]
§ 45-20-101. Short Title
This chapter shall be known and may be cited as the “Tennessee Home Loan Protection Act.”
§ 45-20-102. Chapter Definitions
As used in this chapter, unless the context otherwise requires: “Affiliate” means any company that controls, is controlled by, or is under common control with another company, as set forth in the federal Bank Holding Company Act of 1956 (12 U.S.C. § 1841 et seq.), and the regulations promulgated pursuant to that act; “Annual percentage […]
§ 45-20-103. Prohibited Acts and Practices
The following acts and practices are prohibited in the making of a high-cost home loan: No lender shall recommend or encourage default or skipping a payment on an existing loan or other debt prior to and in connection with the closing or planned closing of a high-cost home loan that refinances all or any portion […]
§ 45-18-114. Required Records
Each licensee shall make, keep and preserve the books, accounts, records, and documents as the commissioner may determine by rule. All records of the check cashing business shall be maintained separately by the licensee from any other business in which the licensee may engage.
§ 45-18-115. Suspension or Revocation of License
After notice and an opportunity for a hearing, the commissioner may suspend or revoke a license if the commissioner finds that: Any fact or condition exists that, if it had existed at the time when the licensee applied for its license, would have been grounds for denying the application; The licensee violates any provision of […]
§ 45-18-116. Hearing
The Uniform Administrative Procedures Act, compiled in title 4, chapter 5, applies to any hearing afforded pursuant to this chapter.
§ 45-18-117. Civil Penalties
If, after notice and an opportunity for a hearing, the commissioner finds that a person has violated this chapter or a rule adopted under this chapter, the commissioner may, in addition to all other powers conferred in this chapter: Order the person to cease and desist violating the chapter or its rules and require the […]
§ 45-18-118. Consent Orders
The commissioner may enter into consent orders at any time with any person to resolve any matter arising under this chapter. A consent order shall be signed by the person to whom it is issued or a duly authorized representative, and must indicate agreement to the terms contained therein. A consent order need not constitute […]
§ 45-18-119. Criminal Penalties
Any person who knowingly and willfully violates any provision of this chapter or any order or rule pursuant thereto for which a penalty is not specifically provided commits a Class C misdemeanor. Each day the violation occurs is a separate offense. Any person who knowingly and willfully makes a material, false statement in any document […]