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J enne&see Senate
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.
PASSED: April 14, 2025
1137
RANDY McflALL Y
SPEAKER OF THE SENATE
•. ,, ri,
CAMERON SEXTON, SPEAKER
HOUSE OF REPRESENTATIVES
APPROVED this dJ'-IIL~ day of Apn"f 2025
~~
BILL LEE, GOVERNOR