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TN HB1339

Bill

Official Source

Status

Passed

4/29/2025

Primary Sponsor

William Lamberth

Click for details

Origin

House of Representatives

114th General Assembly

AI Summary

  • Amends Tennessee Code Annotated, Section 47-16-103(c) to allow litigation financiers that are not business entities or partnerships to amend or withdraw their registration with the Secretary of State

  • Requires a $20.00 filing fee and completion of a prescribed form to amend or withdraw registration

  • Passed the legislature on April 14, 2025 and was signed into law by Governor Bill Lee on April 24, 2025

  • Takes effect immediately upon becoming law due to public welfare necessity

Legislative Description

AN ACT to amend Tennessee Code Annotated, Title 47, Chapter 16, relative to relative to litigation financiers.

Secretary of State

Last Action

Comp. became Pub. Ch. 271

4/29/2025

Committee Referrals

Calendar and Rules4/8/2025
State & Local Government2/25/2025
Departments & Agencies Subcommittee2/19/2025
State & Local Government2/12/2025

Full Bill Text

No bill text available