Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-05 - Division of Regulatory Boards
Chapter 0780-05-14 - Scrap Metal Dealer Registration Program
Section 0780-05-14-.07 - CHECK ISSUANCE FEE
Universal Citation: TN Comp Rules and Regs 0780-05-14-.07
Current through September 24, 2024
A scrap metal dealer may charge the person selling scrap metal a check issuance fee of ten percent (10%) of the dollar value of the scrap for the dealer's administrative costs of processing and issuing any check required by the Act. However, the fee, if charged, shall be a minimum of two dollars ($2.00) and shall not exceed five dollars ($5.00) per check.
Authority: T.C.A. § 62-9-104.
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
