SB1137Enacted

Amends TCA Title 47, Chapter 16.

Tennessee SB1137 amends Title 47, Chapter 16 of the Tennessee Code Annotated to permit litigation financiers that are not business entities or partnerships to amend or withdraw their registration with the secretary of state. The bill affects individual litigation financiers by allowing them to manage their registration status more easily. Key provisions include the requirement to file a prescribed form and pay a filing fee of $20 for the amendment or withdrawal process.

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Overview

Tennessee SB1137 amends Title 47, Chapter 16 of the Tennessee Code Annotated to permit litigation financiers that are not business entities or partnerships to amend or withdraw their registration with the secretary of state. The bill affects individual litigation financiers by allowing them to manage their registration status more easily. Key provisions include the requirement to file a prescribed form and pay a filing fee of $20 for the amendment or withdrawal process.

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Sponsor

Unknown

Details
Session

114th General Assembly

Introduced

February 6, 2025

Last Action

April 29, 2025

Effective date(s) 04/24/2025

Subjects
42951010

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