# Tenn. Code Ann. § 45-5-103: Requirement of registration

> Tennessee · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-103

## Section

- **Citation:** Tenn. Code Ann. § 45-5-103
- **Heading:** Requirement of registration
- **Jurisdiction:** Tennessee
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TN Code / Title 45 / Chapter 5 / Section 45-5-103

## Text

(a) Except as otherwise provided by this chapter, no person shall engage in business as an industrial loan and thrift company or industrial bank or industrial investment company without obtaining from the commissioner a certificate of registration as herein provided. (b) A separate certificate of registration shall be required for each office or other place from which the business is conducted. However, loans secured by real property are not required to be closed at an office where the registrant making the loan is registered; but the loans may be closed at the office of any attorney at law licensed to practice in Tennessee or at the office of a title insurance company or title insurance agency licensed to do business in Tennessee; provided, that the closing location is within this state and within one hundred (100) miles of any registered office of the registrant making the loan. Acts 1979, ch. 204, § 2; T.C.A., § 45-2002; Acts 1983, ch. 274, § 9; 1993, ch. 133, § 1.
(a) Except as otherwise provided by this chapter, no person shall engage in business as an industrial loan and thrift company or industrial bank or industrial investment company without obtaining from the commissioner a certificate of registration as herein provided.
(b) A separate certificate of registration shall be required for each office or other place from which the business is conducted. However, loans secured by real property are not required to be closed at an office where the registrant making the loan is registered; but the loans may be closed at the office of any attorney at law licensed to practice in Tennessee or at the office of a title insurance company or title insurance agency licensed to do business in Tennessee; provided, that the closing location is within this state and within one hundred (100) miles of any registered office of the registrant making the loan.
Acts 1979, ch. 204, § 2; T.C.A., § 45-2002; Acts 1983, ch. 274, § 9; 1993, ch. 133, § 1.

## Nearby sections

- [Tenn. Code Ann. § 45-5-101 Purpose and construction](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-101.md)
- [Tenn. Code Ann. § 45-5-102 Chapter definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-102.md)
- [Tenn. Code Ann. § 45-5-103 Requirement of registration](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-103.md)
- [Tenn. Code Ann. § 45-5-104 Scope of chapter](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-104.md)
- [Tenn. Code Ann. § 45-5-105 Persons registered under former law](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-105.md)
- [Tenn. Code Ann. § 45-5-106 Violation of provisions a misdemeanor - Penalty](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-106.md)
- [Tenn. Code Ann. § 45-5-107 Delegation to industrial loan and thrift companies division](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-107.md)
- [Tenn. Code Ann. § 45-5-201 General qualifications for registration](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-201.md)
- [Tenn. Code Ann. § 45-5-202 Procedures for registration](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-202.md)
- [Tenn. Code Ann. § 45-5-203 Expiration of registration certificates - Renewal - Fees - Evidence that surety bond adjusted - Continuing education and testing - Biennial registration](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-203.md)
- [Tenn. Code Ann. § 45-5-204 Denial of applications for registration](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-204.md)
- [Tenn. Code Ann. § 45-5-205 Suspension or revocation of certificates of registration](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-205.md)
- [Tenn. Code Ann. § 45-5-206 Lost certificates of registration - Substitutions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-206.md)
- [Tenn. Code Ann. § 45-5-207 License requirement - Sponsorship - Registrant subject to all applicable requirements and prohibitions of chapter 13 of this title - Violations - Submission of reports to the Nationwide Mortgage Licensing System and Registry](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-207.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C5_S45-5-103. Check the current official text before relying on it. Not legal advice.