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Tennessee General Assembly· HB 1339Comp. SB subst.

Secretary of State - As enacted, allows a litigation financier that is not a business entity or partnership to amend or withdraw its registration with the secretary of state by filing a form prescribed by the secretary o, the official text

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                             PUBLIC CHAPTER NO. 271

                                                  SENATE BILL NO. 1137
                                                      By Stevens, Lowe

                                            Substituted for: House Bill No. 1339
                                           By Lamberth, Cochran, Reeves, Todd
AN ACT to amend Tennessee Code Annotated, Title 47, Chapter 16, relative to litigation financiers.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
          SECTION 1. Tennessee Code Annotated, Section 47-16-103(c), is amended by deleting the
second sentence of the subsection and substituting:
          A litigation financier that is not a business entity or partnership may amend or withdraw its
          registration with the secretary of state by filing a form prescribed by the secretary of state,
          along with a filing fee of twenty dollars ($20.00).
          SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.
         SENATE BILL NO. 1137

PASSED:  April 14, 2025

                                             RANDY McflALLY
                               SPEAKER OF THE SENATE

                                  •.,, ri,

                         CAMERON SEXTON, SPEAKER
                         HOUSE OF REPRESENTATIVES

dJ'-IIL~ APPROVED this  day of Apn"f    2025

         ~~
                    BILL LEE, GOVERNOR
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