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TN SB2101

TN SB2101
AN ACT to amend Tennessee Code Annotated, Title 47, relative to litigation financing.


summary

Introduced
01/22/2026
In Committee
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

As introduced, increases, from 30 to 35 days, the time that a litigation financier has to amend its registration with the secretary of state whenever the information contained in the registration changes or becomes inaccurate or incomplete. - Amends TCA Title 47.

AI Summary

This bill amends Tennessee law concerning litigation financing, which involves companies that provide funding for lawsuits in exchange for a share of any settlement or judgment. Specifically, it increases the timeframe from 30 to 35 days that a litigation financier has to update its registration with the secretary of state if any information provided in that registration becomes inaccurate or incomplete. This change is intended to provide these financiers with a slightly longer period to comply with reporting requirements.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Senate Commerce And Labor Hearing (13:00:00 2/24/2026 Cordell Hull Building) (on 02/24/2026)

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