Tenn. Comp. R. & Regs. 0180-07-.08
Fees
Effective Sep 28, 2005Authority: T.C.A. §§45-1-107, 45-1-118, 45-2-103, 45-2-215, 45-2-218, 45-2-614, 45-2-1303, 45-2-1304, 45-2- 1307, 45-2-1402, 45-2-1403, 45-2-1802, 45-2-1803, 45-2-1902, 45-3-1002, 45-3-1003, 45-8-204, 45-8-207, 45-8- 208, 45-8-211, 45-8-214, 45-11-105, 45-14-103, 45-14-104, 45-14-110, 45-14-111, and 45-14-113.Tennessee Department of Financial Institutions
(1) Following are the fees charged for each particular type of transaction:
- (a) Application to organize a state bank, state BIDCO, state savings bank, state trust company or state credit card bank..................................................................................................... $20,000.00
- (b) Application/Notification to establish a branch office for a state bank, state BIDCO, state savings bank ....................................................................................................................................$300.00
- (c) Application/Notification to relocate a main office or branch by a state bank, state BIDCO, state savings bank .......................................................................................................................$300.00
- (d) Application to relocate an office of a state trust institution................................................$300.00
- (e) Application to form an interim bank ...............................................................................$1,000.00
- (f) Application for a merger where the resulting institution will be a state-chartered bank, state- chartered savings bank, state trust company or state BIDCO and any change of control application .......................................................................................................................$5,000.00
- (g) Application for an acquisition where the resulting institution will be a state-chartered bank, state-chartered savings bank, state BIDCO or state trust company .................................$5,000.00
- (h) Application to convert to a state bank, state savings bank or state trust company ..........$3,000.00
- (i) Application for a purchase and assumption transaction of less than substantially all of the assets of a bank by a state-chartered bank, savings bank, or a state BIDCO................................$500.00 REPORTS OF STATE BANKS, AND SCHEDULE OF APPLICATION FEES FOR STATE BANKS, BIDCOS, SAVINGS BANKS AND TRUST COMPANIES.
- (j) Licensing fee per location for a state BIDCO ....................................................................$500.00
- (k) Application to engage directly or indirectly through a subsidiary in securities activities by a state bank, savings bank or state trust company ......................................................................$1,000.00
- (l) Filing fee for a state trust institution to establish or acquire a trust office..........................$500.00
- (m) Application for private trust company status...................................................................$1,000.00
- (n) Annual certification to maintain status as an exempt private trust company......................$250.00
- (o) Filing fee for conversion from private trust company to public trust company ............ $10,000.00
- (p) Application by a state-chartered bank or state trust company for a charter amendment that requires the approval of the shareholders ...........................................................................$100.00
- (q) Application by a state-chartered bank or a state-chartered savings bank to begin exercising fiduciary powers.................................................................................................................$100.00
- (r) Application by a state-chartered bank or a state-chartered savings bank to establish an automated teller machine at a location other than a main office or branch location ..........$100.00
- (s) Application by a state-chartered bank to engage in any expanded activity requiring approval under Rule 0180-19-.05...................................................................................................$1,000.00
- (2) If a process involves more than one transaction, the institution will be charged a separate fee for each application/notification.
Authority: T.C.A. §§45-1-107, 45-1-118, 45-2-103, 45-2-215, 45-2-218, 45-2-614, 45-2-1303, 45-2-1304, 45-2- 1307, 45-2-1402, 45-2-1403, 45-2-1802, 45-2-1803, 45-2-1902, 45-3-1002, 45-3-1003, 45-8-204, 45-8-207, 45-8- 208, 45-8-211, 45-8-214, 45-11-105, 45-14-103, 45-14-104, 45-14-110, 45-14-111, and 45-14-113. Administrative History: Original rule filed September 30, 1983; effective December 14, 1983. Amendment filed February 17, 1984; effective May 15, 1984. Amendment filed December 12, 1988; effective March 29, 1989. Amendment filed June 29, 1990; effective September 26, 1990. Amendment filed December 30, 1992; effective March 31, 1993. Amendment filed January 30, 1998; effective May 29, 1998. Amendment filed October 19, 2000; effective February 28, 2001. Amendment filed November 30, 2001; effective March 30, 2002. Repeal and new rule filed May 31, 2005; effective September 28, 2005.