# Tenn. Code Ann. § 45-12-109: Expiration of license - Renewal - Fees - Biennial license arrangement - Criminal history records check > Tennessee · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-109 ## Section - **Citation:** Tenn. Code Ann. § 45-12-109 - **Heading:** Expiration of license - Renewal - Fees - Biennial license arrangement - Criminal history records check - **Jurisdiction:** Tennessee - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** TN Code / Title 45 / Chapter 12 / Section 45-12-109 ## Text (a) Licenses issued pursuant to this chapter shall expire on December 31. Each license may be renewed for the ensuing twelve-month period upon application by the license holder showing continued compliance with the requirements of § 45-12-104 and the payment to the commissioner annually, between November 1 and December 31, of a license renewal fee of five hundred dollars ($500). If a supervision fee is established pursuant to § 45-1-118 , the commissioner shall require licensees under this chapter to, instead, pay the nonrefundable supervision fee in place of the license renewal fee. (b) A licensee making timely and complete application for renewal of its license shall be permitted to continue to operate under its existing license until its application is approved or denied. (c) The commissioner may establish a biennial license arrangement for the filing of the application for license renewal, but in no case shall the license fee or supervision fee, if established pursuant to § 45-1-118 , be payable for more than one (1) year at a time. (d) (1) In connection with an application for license renewal, the commissioner may require a licensee to consent to a criminal history records check and to provide with the application fingerprints in a form acceptable to the commissioner. The commissioner may require such consent and fingerprints from an individual who is a director, officer, or ten percent (10%) or more shareholder of the licensee, or who owns or controls the licensee, as well as from any other individual associated with the licensee as is reasonably necessary to meet the purposes of this chapter. Failure to provide the consent and fingerprints within thirty (30) days of the commissioner's request shall constitute grounds for the commissioner to deny the application for license renewal. (2) A criminal history records check conducted pursuant to this subsection (d) shall be conducted by the Tennessee bureau of investigation, the federal bureau of investigation, or both, and the results of the criminal history records check shall be forwarded to the commissioner. All costs incurred in conducting the criminal history records check shall be paid by the licensee, in addition to other fees required by this chapter. Amended by 2015 Tenn. Acts, ch. 438,s 1, eff. 5/18/2015. Added by 2014 Tenn. Acts, ch. 969,s 1, eff. 1/1/2015. (a) Licenses issued pursuant to this chapter shall expire on December 31. Each license may be renewed for the ensuing twelve-month period upon application by the license holder showing continued compliance with the requirements of § 45-12-104 and the payment to the commissioner annually, between November 1 and December 31, of a license renewal fee of five hundred dollars ($500). If a supervision fee is established pursuant to § 45-1-118 , the commissioner shall require licensees under this chapter to, instead, pay the nonrefundable supervision fee in place of the license renewal fee. (b) A licensee making timely and complete application for renewal of its license shall be permitted to continue to operate under its existing license until its application is approved or denied. (c) The commissioner may establish a biennial license arrangement for the filing of the application for license renewal, but in no case shall the license fee or supervision fee, if established pursuant to § 45-1-118 , be payable for more than one (1) year at a time. ewal of its license shall be permitted to continue to operate under its existing license until its application is approved or denied. (c) The commissioner may establish a biennial license arrangement for the filing of the application for license renewal, but in no case shall the license fee or supervision fee, if established pursuant to § 45-1-118 , be payable for more than one (1) year at a time. (d) (1) In connection with an application for license renewal, the commissioner may require a licensee to consent to a criminal history records check and to provide with the application fingerprints in a form acceptable to the commissioner. The commissioner may require such consent and fingerprints from an individual who is a director, officer, or ten percent (10%) or more shareholder of the licensee, or who owns or controls the licensee, as well as from any other individual associated with the licensee as is reasonably necessary to meet the purposes of this chapter. Failure to provide the consent and fingerprints within thirty (30) days of the commissioner's request shall constitute grounds for the commissioner to deny the application for license renewal. (2) A criminal history records check conducted pursuant to this subsection (d) shall be conducted by the Tennessee bureau of investigation, the federal bureau of investigation, or both, and the results of the criminal history records check shall be forwarded to the commissioner. All costs incurred in conducting the criminal history records check shall be paid by the licensee, in addition to other fees required by this chapter. (1) In connection with an application for license renewal, the commissioner may require a licensee to consent to a criminal history records check and to provide with the application fingerprints in a form acceptable to the commissioner. The commissioner may require such consent and fingerprints from an individual who is a director, officer, or ten percent (10%) or more shareholder of the licensee, or who owns or controls the licensee, as well as from any other individual associated with the licensee as is reasonably necessary to meet the purposes of this chapter. Failure to provide the consent and fingerprints within thirty (30) days of the commissioner's request shall constitute grounds for the commissioner to deny the application for license renewal. (2) A criminal history records check conducted pursuant to this subsection (d) shall be conducted by the Tennessee bureau of investigation, the federal bureau of investigation, or both, and the results of the criminal history records check shall be forwarded to the commissioner. All costs incurred in conducting the criminal history records check shall be paid by the licensee, in addition to other fees required by this chapter. Amended by 2015 Tenn. Acts, ch. 438,s 1, eff. 5/18/2015. Added by 2014 Tenn. Acts, ch. 969,s 1, eff. 1/1/2015. ## Nearby sections - [Tenn. Code Ann. § 45-12-101 Short title](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-101.md) - [Tenn. Code Ann. § 45-12-102 Chapter definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-102.md) - [Tenn. Code Ann. § 45-12-103 License required to engage in business of making flex loans - Designation of agent for service of process by nonresident licensees](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-103.md) - [Tenn. Code Ann. § 45-12-104 Qualifications for licensure - Continuing nature](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-104.md) - [Tenn. Code Ann. § 45-12-105 Contents of written application for license](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-105.md) - [Tenn. Code Ann. § 45-12-106 Application requirements](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-106.md) - [Tenn. Code Ann. § 45-12-107 Investigation of applicants - Issuance of license - Posting of license - Term of license](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-107.md) - [Tenn. Code Ann. § 45-12-108 Denial of application - Hearing](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-108.md) - [Tenn. Code Ann. § 45-12-109 Expiration of license - Renewal - Fees - Biennial license arrangement - Criminal history records check](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-109.md) - [Tenn. Code Ann. § 45-12-110 License nontransferable and nonassignable - Change in control of licensee - Notification to department of change in place of business](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-110.md) - [Tenn. Code Ann. § 45-12-111 Interest, fees, and charges](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-111.md) - [Tenn. Code Ann. § 45-12-112 Licensee to provide to prospective customers written explanation of interest, fees, and charges - Requirements for account-opening statement - Billing statements](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-112.md) - [Tenn. Code Ann. § 45-12-113 Books, accounts and records - Limitations and requirements applicable to operation of business of making flex loans](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-113.md) - [Tenn. Code Ann. § 45-12-114 Law applicable to business of making flex loans - Licensees legally exercising powers under this chapter not in violation of statutory provisions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-114.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C12_S45-12-109. Check the current official text before relying on it. Not legal advice.