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Bill > HB2108


TN HB2108

TN HB2108
AN ACT to amend Tennessee Code Annotated, Title 47, relative to litigation financing.


summary

Introduced
02/02/2026
In Committee
03/04/2026
Crossed Over
03/10/2026
Passed
04/23/2026
Dead

Introduced Session

Potential new amendment
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, amending Tennessee Code Annotated Title 47 concerning litigation financing, proposes to increase the timeframe a litigation financier has to update their registration with the secretary of state from 30 days to 35 days. A litigation financier is a company that provides funding to a party in a lawsuit in exchange for a portion of the potential settlement or judgment. This change means that if any information in their registration becomes inaccurate or incomplete, they will have an additional five days to make the necessary corrections.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Enrolled; ready for sig. of H. Speaker. (on 04/23/2026)

bill text


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