70-3-103 - Employment of agents for stamp sale Bond Sales commissions Direct sales authorized.
70-3-103. Employment of agents for stamp sale Bond Sales commissions Direct sales authorized.
(a) (1) The wildlife resources agency is empowered to employ agents to sell the stamps required by and provided for in § 70-3-102.
(2) Any such agent, before undertaking to sell any such stamps, shall execute a bond in such sum as the executive director shall require, with some solvent surety company qualified to do business in the state as surety on the sums due, payable to the state of Tennessee, and conditioned to faithfully perform the duties imposed upon the agent, and to faithfully account for and promptly pay over to the state any and all sums due to the state by virtue of such employment, and shall contain such other reasonable conditions as the agency may require; provided, that such bond shall only be required in the discretion of the agency.
(b) The wildlife resources agency is empowered to allow such agent a commission of two percent (2%) of the funds received by such agent from sales of stamps made by such agent.
(c) The agency may sell such stamps directly to either manufacturers, jobbers or retailers for cash.
[Acts 1937, ch. 84, §§ 44, 45; impl. am. Acts 1949, ch. 50, § 10; C. Supp. 1950, §§ 5178.53, 5178.54 (Williams, §§ 5176.45, 5176.46); Acts 1974, ch. 481, §§ 6, 7, 21; T.C.A. (orig. ed.), §§ 51-303, 51-304.]