AN ACT to amend Tennessee Code Annotated, Title 48, relative to unauthorized filings with the secretary of state.
Impact
If enacted, the bill would significantly revise the current procedures for handling unauthorized filings in the state. It sets forth specific steps for individuals to challenge these filings, including the submission of a detailed complaint that the Secretary of State must review. The outcome of the complaints could lead to the voiding of unauthorized business records, subject to clear and convincing evidence being presented by the complainants. The act is intended to enhance accountability and transparency in official business practices in Tennessee.
Summary
Senate Bill 545, known as SB0545, introduces a framework to address unauthorized filings with the Secretary of State in Tennessee. The bill establishes a new chapter under Tennessee Code Annotated, Title 48, that allows individuals to file complaints if their names or addresses have been included in documents submitted to the Secretary of State without their consent. This process aims to protect individuals from identity fraud or unauthorized representation in business filings.
Contention
While proponents of SB0545 may argue that the bill strengthens protections for personal information and combats identity fraud, there could be concerns raised regarding the burden of proof placed on individuals filing complaints. Critics may point out that the requirement to provide extensive information in the complaint process might deter legitimate complaints or overwhelm the Secretary of State's office with frivolous cases. Additionally, the fact that complaints and responses are considered public records could pose privacy concerns for individuals involved.
Effective_date
The provisions outlined in SB0545 are set to take effect on July 1, 2025, setting a timeline for the Secretary of State's office to prepare for the implementation of the new complaint process and associated regulations.
AN ACT to amend Tennessee Code Annotated, Title 4; Title 12; Title 43; Title 45; Title 47; Title 48; Title 50; Title 61; Title 66 and Title 67, relative to commerce.
AN ACT to amend Tennessee Code Annotated, Title 4; Title 12; Title 43; Title 45; Title 47; Title 48; Title 50; Title 61; Title 66 and Title 67, relative to commerce.