HOUSE BILL 242 By Lafferty SENATE BILL 64 By Jackson SB0064 000322 - 1 - AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29 and Title 4, Chapter 3, relative to the department of financial institutions. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: SECTION 1. Tennessee Code Annotated, Section 4-29-246(a), is amended by deleting subdivision (17). SECTION 2. Tennessee Code Annotated, Section 4-29-250(a), is amended by inserting the following as a new subdivision: ( ) Department of financial institutions, created by ยงยง 4-3-101 and 4-3-401; SECTION 3. This act takes effect upon becoming a law, the public welfare requiring it.