Tenn. Code Ann. § 66-29-161: Failure of person examined to retain records

If a person subject to examination under § 66-29-157 does not retain the records required by § 66-29-126 , the treasurer may determine the amount of property due using a reasonable method of estimation based on all information available to the treasurer, including extrapolation and the use of statistical sampling when appropriate and necessary, consistent with examination procedures and standards adopted under § 66-29-158 .