Senate Bill 711, sponsored by Taylor, proposes an amendment to Tennessee Code Annotated, specifically Section 56-5-105(a). The bill seeks to change the current requirement for a notice period from "thirty (30) days" to "twenty-one (21) days." This adjustment aims to streamline processes related to insurance notifications.
The act is set to take effect immediately upon becoming law, emphasizing the necessity for the change in the interest of public welfare.
Statutes affected: Introduced: 56-5-105(a), 56-5-105