Amends TCA Title 45 and Title 47.
Tennessee SB2455 amends the Tennessee Code Annotated by extending the period during which financial service providers can refuse or delay financial transactions not involving securities due to suspected financial exploitation from five to ten business days. This bill primarily affects financial service providers and their clients, particularly in cases where there are concerns about potential financial exploitation. The key provision is the increase in the delay period, allowing providers more time to investigate suspected exploitation before proceeding with transactions.
Tennessee SB2455 amends the Tennessee Code Annotated by extending the period during which financial service providers can refuse or delay financial transactions not involving securities due to suspected financial exploitation from five to ten business days. This bill primarily affects financial service providers and their clients, particularly in cases where there are concerns about potential financial exploitation. The key provision is the increase in the delay period, allowing providers more time to investigate suspected exploitation before proceeding with transactions.
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Bailey, Paul
114th General Assembly
February 2, 2026
February 5, 2026
Passed on Second Consideration, refer to Senate Commerce and Labor Committee