Does maintaining a place of business in the state trigger a notice filing (regardless of number of clients)?

TENN. CODE ANN. §48-1-102(12)(E)(2017)

What is the maximum number of clients adviser can have in the state without triggering a notice filing?

TENN. CODE ANN. §48-1-102(12)(E)(ii)(2017)

What sorts of clients are not counted for purposes of determining whether to notice file?

Investment advisers, broker-dealers, or institutional investors.

TENN. CODE ANN. §48-1-102(12)(E)(i)(2017)

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