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SENATE BILL 1137
By Lowe
SB1137
003305
- 1 -
AN ACT to amend Tennessee Code Annotated, Title 47,
Chapter 16, relative to 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.