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Bill > SB1618
TN SB1618
TN SB1618AN ACT to amend Tennessee Code Annotated, Title 45, Chapter 10, relative to financial records.
summary
Introduced
01/13/2026
01/13/2026
In Committee
Crossed Over
02/19/2026
02/19/2026
Passed
02/19/2026
02/19/2026
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 has a reasonable belief that a customer is deceased, it is not required to confirm that a subpoena for financial records has been served on the deceased customer, their estate, or their heirs, thereby streamlining the process for accessing financial records in such situations. Additionally, the bill modifies how financial records are delivered in response to a subpoena, allowing for electronic submission if not otherwise specified, and requires the issuer of the subpoena to keep the records secure and confidential, only disclosing them to authorized individuals involved in the legal proceeding.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Enrolled and ready for signatures (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=SB1618&ga=114 |
| Fiscal Note - HB1523 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB1523.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB1618.pdf |
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