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Bill > HB1523
TN HB1523
TN HB1523AN ACT to amend Tennessee Code Annotated, Title 45, Chapter 10, relative to financial records.
summary
Introduced
01/12/2026
01/12/2026
In Committee
02/11/2026
02/11/2026
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, clarifies that if a financial institution reasonably believes a customer is deceased, then the financial institution does not have a duty to confirm service of a subpoena on the customer, the customer's estate, or the customer's heirs; makes other changes related to financial records. - Amends TCA Title 45, Chapter 10.
AI Summary
This bill clarifies that if a financial institution reasonably believes a customer is deceased, it is not required to confirm that a subpoena, which is a legal order demanding documents or testimony, has been served on the deceased customer, their estate, or their heirs. The bill also modifies how financial records are delivered when requested by a subpoena, allowing for electronic submission or other agreed-upon methods if the subpoena doesn't specify, and if no agreement can be reached, the financial institution can choose to deliver them physically, by mail, or through a delivery service. Furthermore, it mandates that the recipient of these records must keep them secure and confidential, only disclosing them to individuals or entities legally permitted to view them in relation to the proceeding for which the subpoena was issued.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Sponsor(s) Added. (on 02/19/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1523&ga=114 |
| Fiscal Note - HB1523 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB1523.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB1523.pdf |
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