Tennessee General Assembly· HB 1553Transmitted to Governor for his action.

Secretary of State - As enacted, removes the filing fee that must be paid to the secretary of state to file articles of termination of corporation existence; increases the number of days after a person ceases solicitatio, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Tennessee General Assembly, fetched 2026-09-25. Page and line markers are part of the official record; nothing is edited or removed. This is the chaptered version. The official bill page.

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                        ~tate of \!rennessee

                           PUBLIC CHAPTER NO. 948

                                                  HOUSE BILL NO. 1553

                            By Representatives Lynn, Boyd, Bricken, Alexander

                                       Substituted for: Senate Bill No. 1639

                                                   By Senator Jackson

         AN ACT to amend Tennessee Code Annotated, Title 48, relative to nonprofit entities.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:

          SECTION 1. Tennessee Code Annotated, Section 48-51-303(a), is amended by deleting
subdivision (21) and substituting:

                    (21) Articles of termination of corporation existence............................. No fee

          SECTION 2. Tennessee Code Annotated, Section 48-101-506(h), is amended by
deleting the subsection and substituting:

                    (h) Any person that ceases solicitation activities after registration must, within
          ninety (90) days after solicitation activities end, notify the secretary of state of cessation
          of solicitation activities and file with the secretary of state financial documentation
          required under subsection (b).

          SECTION 3. This act takes effect on July 1, 2026, the public welfare requiring it.
         HOUSE BILL NO. 1553

PASSED:  April 22, 2026

                         CAMERl:ffl""SEXTON,SPEAKER
                         HOUSE OF REPRESENTATIVES

                                             RANDYMCNAL
                                SPEAKER OF THE SENAT

0 "i:'2:- APPROVED this
         day of          rYb •  2026

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BILL LEE, GOVERNOR

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