- (1) The TNInvestco shall submit to ECD documentation of the delivery of Qualified Investment Funds to a Qualified Business within sixty (60) Days of delivery.
- (2) In the event of noncompliance with this rule, a penalty of $1,000 per Day shall be assessed until the noncompliance is cured.
Authority: T.C.A. §§ 4-28-106 and 4-28-111(d). Administrative History: New rule filed September 4, 2015; effective December 3, 2015. (Rule 0500-08-01.04)