Installers of Modular Building Units in the State of Tennesse are any individual actively engaged in the assembly of modular building units on-site or the process or affixing components to land, a foundation, footings, utilities, or an existing building. All Modular Building Units Installers must be licensed by the TN Department of Commerce and Insurance. Licensees must post and maintain a $25,000.00 Modular Building Units Installer License Surety Bond.
Any applicant for a new or renewal of a license as an installer of modular building units shall submit a surety bond executed by the applicant (as principal) and by a surety company qualified to do business in this state (as surety).
Each bond shall be for the benefit of any person who suffers loss or damage resulting from code-related non-compliance with the Tennessee Modular Building Act or the rules duly promulgated thereunder by such manufacturer, dealer or installer.
Each bond shall cover code-related non-compliances occurring during the license period. A new bond or proper continuation certificate shall be submitted with each application for license renewal. The aggregate liability of the surety for code-related non-compliances occurring in each license year shall in no event exceed the amount of the bond for that year.
A separate bond shall be required for each place of business operated by an installer.
The bond term is required to run concurrent with the license term which is July 1 - June 30 of each year.
Modular Building Units Dealer License Bond
Modular Building Units Manufacturer License Bond
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