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Tennessee Securities Law Questions & Answers
Q: If a birth certificate is not associated with bonds or securities, why would there be a CUSIP number?

It is clearly stated that CUSIP numbers or connected to bonds and securities. So how does a birth certificate not have any monetary value? Bonds and securities have monetary value on the stock market right? So why does that same terminology not apply to birth certificates?

1 Answer | Asked in Securities Law, Social Security and Family Law for Tennessee on
Q: It seems to me that my dad used my social security back pay for his own self dealing.

The account he put the money in was in the name of our family business. He told me he was investing this money. He told me that the family business didn't exist. Through the last 9 years I've lost everything and now live in a camper. Yet I've watched him get air BNB, buy a glamour... View More

James L. Arrasmith
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answered on Jul 18, 2024

It sounds like your dad might have misused your social security back pay, which could be a serious legal issue. When someone uses another person's funds for their own benefit without permission, it can be considered misappropriation or fraud. Given the situation you've described, it might... View More

2 Answers | Asked in Criminal Law and Securities Law for Tennessee on
Q: My son borrowed my truck got pulled over and they seized my truck .haven't got any paper work hoe do I get my truck bac

He was takin a guy home that jyst showed up at his house . The guy had parole violation on him and tried yo take control of the truck .when my son got it stopped and tried to tell police what happened they didn't care the guy threw all his drugs in the floor. They took my son to jail and let... View More

Anthony M. Avery
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answered on Apr 18, 2024

Son needs an attorney now. There may be a Forfeiture Warrant on the truck, so then DOS is involved requiring a bond and a hearing. Son needs to prepare for a Preliminary Hearing. The truck is probably the least of your worries.

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1 Answer | Asked in Estate Planning, Banking, Civil Litigation and Securities Law for Tennessee on
Q: Can a bank refuse to comply with subpoena without a reason?

Regions bank employees faciliated conversion by making new document for a friend to take over bank accounts

Anthony M. Avery
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answered on Nov 22, 2023

It sounds like your lawyer needs to get in gear. There should be multiple defendants involved, and discovery needs to be enforced by the Court. It sounds like forgery is involved. Subpoenas against financial institutions must meet several statutory requirements.

1 Answer | Asked in Securities Law for Tennessee on
Q: If an armed guard is using their personal vehicle at work are they allowed to have other firearms inside their vehicle

In the state of Tennessee can an armed guard have a rifle in their personal vehicle at work if they did not qualify with the firearm but the rifle is not on their person. If the guard got shot at would they be within their legal right to use the rifle to defend their own life

Anthony M. Avery
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answered on Nov 21, 2023

You can have the rifle in your vehicle unless your employer prohibits it. After using deadly force, DA's may or may not prosecute you. It will not make alot of difference whether your firearm was authorized or not by your employer.

1 Answer | Asked in Civil Litigation, Legal Malpractice, Probate and Securities Law for Tennessee on
Q: How do I prove insurance fraud concerning an estate. Agent helping ex to pay off property with the decedent's insurance

Can insurance company lie to to Estate administrator and why would they require a court order for records if there was no fraud

Anthony M. Avery
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answered on Sep 25, 2023

What is your question? Apparently this is a complicated matter, and it does not appear you have standing. Insurance Fraud is a tort, and would not be involved in the Estate. Do you have damages? If not, no cause of action. Consult with an attorney.

1 Answer | Asked in Securities Law for Tennessee on
Q: How do I get my money back from a financial investment firm who has not delivered my precious metals?

About a year ago, I transferred funds from my Roth IRA to Regal Assets in Calif. to purchase precious metals. They have not delivered the coins to the holding facility. I am in Tenn.

James L. Arrasmith
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answered on Mar 2, 2023

If you have not received the precious metals that you purchased from Regal Assets, you should first try contacting them directly to inquire about the status of your order and request a refund if necessary. If they are unresponsive or unwilling to issue a refund, you may need to take legal action.... View More

1 Answer | Asked in Securities Law for Tennessee on
Q: Can our neighbor use security cameras in close proximity to my house to watch my children near his yard?

He has called the police on my son before told them he was banging on his house. But it wasn't him because everyone was sick and inside the whole day. At this point i feel like it is harassment and invasion of my privacy.

Anthony M. Avery
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answered on Jan 15, 2021

Yes... Surveillance of one's property is legal. Government Surveillance of public areas except rest rooms is legal.

1 Answer | Asked in Contracts and Securities Law for Tennessee on
Q: Can I sue someone for violating securities laws in federal court for soliciting investment from me in a project?

- the person asked me for money to fund a record

- I gave money, person made record. I didn’t get the promised return.

- person is not licensed to sell securities

Robert W. Pearce
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Robert W. Pearce
answered on Oct 2, 2020

You can only sue under the Federal securities laws if you were sold a security. The test commonly used by the courts to decide whether you were sold a security is known as the Howey Test. If you were the only investor who made a loan for a specific return of interest it's unlikely you were... View More

1 Answer | Asked in Securities Law and Social Security for Tennessee on
Q: Is it legal for my company to put the last 4 of my social security number on a paper timesheet?

The company I work for is a contractor to Nashville Electric Service and NES wants it on there so they can identify us Incase we leave our company and try to get hired to a different contractor for NES. Not one employee has signed a non compete form supposedly it is an agreement between NES and... View More

Bruce Alexander Minnick
Bruce Alexander Minnick
answered on Aug 15, 2019

This is not a securities law question.

1 Answer | Asked in Securities Law for Tennessee on
Q: What is the age of custodianship termination in TN

I have a ROTH IRA for my minor son and I don’t know what age to put for the custodianship termination.

Anthony M. Avery
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answered on Apr 1, 2019

You can specify almost any age up to 59 1/2. However most Grantors would end Custodianship and begin withdrawals when the Beneficiary reaches 21, or sometimes later such as 30, 35. It is your decision.

1 Answer | Asked in Personal Injury and Securities Law for Tennessee on
Q: Why does a suit that was filed in state court go to Federal court? On a slip and fall, if your witness is the asst

Manager of the store where you had the slip and fall, is that a good thing? He states store was understaffed, therefore, the isles couldn't be checked like they should have, liauod tide was cover the whole isle. They offered 1 million. My attorney thinks it was a misprint? Lord, if I won in... View More

Jedidiah "Jed" McKeehan
Jedidiah "Jed" McKeehan
answered on Aug 26, 2018

If you have sued for over $75,000.00, and the entity you have sued has a home office location in another state, that combination of factors is the most likely reason that the case was removed to federal court.

1 Answer | Asked in Business Law, Contracts, Securities Law and Criminal Law for Tennessee on
Q: If a person commits the crime of "hindering a secured creditor" but the value is greater than $999.

Code 39-14-116 says value only to $999.but I was "robbed" of property MUCH greater than that. What law applies?

Leonard Robert Grefseng
Leonard Robert Grefseng
answered on Jul 11, 2017

Sorry, but your question is unclear- hindering a secured creditor is a class "E" felony. Some theft offenses are graded according to the value - in some situations under $500 or $1,000 could be a misdemeanor. However, this code section says its a felony. If you have not already done so,... View More

2 Answers | Asked in Business Formation, Business Law and Securities Law for Tennessee on
Q: Where can I find case law regarding the role of the Board of Directors under the Sarbanes Oxley Act?

In particular, director liability, liability of the boards, and violations of compliance. I am writing a research paper for Business Law.

Bennett James Wills
Bennett James Wills
answered on Nov 30, 2016

Google Scholar is a good free resource. You could also go to a library at a local law school like UT, Belmont, or Vandy depending on where you are located. Those are probably the best resources.

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Q: Can i get a general dismissal release thrown out he lied to get me to sign it. based on what the car lot owner said?

He said he fixed it. He made it a worse problem and now I had no headlights. But he gave it back an I payed truck note an insurance by friday night. Court was Thursday. He repoed it Saturday stating it was him exercising his right not to sell it to me. I havent been able work lost jobs an now... View More

Peter N. Munsing
Peter N. Munsing
answered on Jun 29, 2016

Not sure what is going on here and who the person is. Suggest you contact a consumer attorney go to www.naca.net

However they won't be able to do anyhing for your financial situation immediately so you need to develop a plan to meet your needs to get to work, etc.

1 Answer | Asked in Securities Law for Tennessee on
Q: What is a security bond?
Adam Studnicki
Adam Studnicki
answered on Jul 21, 2015

It depends on the context. A bond may be issued by a bonding company for security against certain risks.

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