Tenn. Comp. R. & Regs. 1320-07-02-.02

Current through December 10, 2024
Section 1320-07-02-.02 - SPECIAL ALLOWANCE FOR CASUALTY LOSSES

To sustain a claim for loss under T.C.A. Section 67-3307 a written report of the loss is required to be made to the commissioner of revenue within seventy-two (72) hours of the date of the loss. In addition, a written claim and statement explaining the occurrence of the loss shall be filed with the commissioner within sixty (60) days of the time of loss. To be collectible a loss must be one over which a distributor has no control. Negligence or any unlawful act, such as overloading a transport vehicle, excessive speed or other like act by a distributor or his agent, which is contributory to a loss shall negate the validity of the claim.

Tenn. Comp. R. & Regs. 1320-07-02-.02

Original rule certified June 7, 1974. Repealed and new rule filed August 15, 1979; effective November 27, 1979.

Authority: T.C.A. §§67-3828 and 67-101.