Tenn. Code § 8-21-205

Current through Acts 2023-2024, ch. 1069
Section 8-21-205 - Allocation of fees collected

Notwithstanding any other law to the contrary, ninety-seven percent (97%) of fees collected by the secretary of state for filing, processing and copying business documents pursuant to the Tennessee Business Corporation Act, compiled in title 48, chs. 11-27; Tennessee Nonprofit Corporation Act, compiled in title 48, chs. 51-68; Tennessee Limited Liability Company Act, compiled in title 48, chs. 201-248; Tennessee Revised Limited Liability Company Act, compiled in title 48, chapter 249; Tennessee Revised Uniform Limited Partnership Act, compiled in title 61, ch. 2; Tennessee Uniform Partnership Act, compiled in title 61, ch. 1 and related statutes, and fifty percent (50%) of fees collected by the secretary of state for service of process under applicable statutes shall be remitted to the general fund, and the balance of such collected fees shall be retained by the department of state to defray the cost of operating the division of the department of state administering the acts referenced in this section.

T.C.A. § 8-21-205

Amended by 2021 Tenn. Acts, ch. 295, s 5, eff. 7/1/2021.
Acts 1998, ch. 890, § 9; 2009 , ch. 510, § 2.