Amends TCA Title 66, Chapter 2, Part 3.
Tennessee HB1788 prohibits certain foreign entities from acquiring interests in non-agricultural land within the state. The bill affects foreign entities seeking to invest in non-agricultural properties and requires them to register any existing interests in such properties before January 1, 2025. Key provisions include the prohibition on acquisitions and the registration requirement for foreign entities.
Tennessee HB1788 prohibits certain foreign entities from acquiring interests in non-agricultural land within the state. The bill affects foreign entities seeking to invest in non-agricultural properties and requires them to register any existing interests in such properties before January 1, 2025. Key provisions include the prohibition on acquisitions and the registration requirement for foreign entities.
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