Senate Bill 64 amends the Tennessee Code Annotated concerning the Department of Financial Institutions. Specifically, it deletes subdivision (17) from Section 4-29-246(a) and adds a new subdivision to Section 4-29-250(a) that formally recognizes the Department of Financial Institutions, as established by Sections 4-3-101 and 4-3-401.

The bill is set to take effect immediately upon becoming law, emphasizing the importance of the changes for the public welfare. These amendments aim to clarify the structure and recognition of the Department of Financial Institutions within the state's legal framework.

Statutes affected:
Introduced: 4-29-246(a), 4-29-246, 4-29-250(a), 4-29-250