Gov. Bill Lee visits the department of revenue. (Photo governor’s office0
Who banks $65,000 extortion payments in financial responsibility project?
Despite prohibition on bonds or payments beyond total accident costs, Tennessee department of revenue requires bonds and cash payments that hit the top limit of $65,000 fir any person who wants to use the public roads without insurance.
The amount due on a bond to the commissioner of safety is limited by the accident costs set at sect. 105 of the Tennessee financial responsibility law of 1977, T.C.A. 55-12-101 et seq. “The deposit of cash with the commissioner of no less than the amount specified in § 55-12-102, or in the total amount of all damages suffered, whichever is less, subject to a minimum deposit of one thousand five hundred dollars ($1,500).” The law ordains the department of safety to bank the money, due to be shortly paid out in car repair bills, “in the custody of the state treasurer,” T.C.A. 55-12- 112. Deposits.
However, joined with safety in fraud is DOR, or revenue. Without the first word of statutory authority, it demands payments of the maximum amount or proof of insurance. Or it will revoke your tag.
This is classic extortion, with the customer getting two options. Do business with our client, the insurance industry. Or pay us F$65,000. Left without authority is fiduciary duty, where the account is that holds these more than F$2 million in payments, who draws the interest, who signs for release, is the state treasurer involved?
