Access to and use of financial statements

Tenn. Code Ann. § 62-6-124, under General Provisions.

Tenn. Code Ann. § 62-6-124

(a) The financial statements submitted by contractors shall be treated as confidential and shall be used by the board only for the purposes of determining the qualifications of applicants for licenses and the monetary limitations.

(b) The comptroller of the treasury or the comptroller's designated representative shall be accorded access to and may examine any financial statement solely for the purpose of a legitimate audit, § 10-7-508 to the contrary notwithstanding.

(c) The board may provide a bond, surety, or personal guaranty that is submitted to the board to a person requesting a copy of such document. The board must provide any financial records submitted by an applicant or licensee to any law enforcement agency, state or federal agency, or any other governmental agency having jurisdiction over an applicant or licensee upon request from such agency or by the board's own recommendation.