House Bill 467 amends Tennessee Code Annotated, specifically Section 47-16-103(c), concerning the registration process for litigation financiers. The bill introduces a new provision allowing litigation financiers that are not business entities or partnerships to amend or withdraw their registration with the Secretary of State. This process requires the submission of a prescribed form along with a filing fee of twenty dollars ($20.00).

The bill aims to streamline the registration process for certain litigation financiers, making it more accessible and less burdensome. The changes are set to take effect immediately upon becoming law, emphasizing the importance of public welfare in the legislative process.

Statutes affected:
Introduced: 47-16-103(c), 47-16-103