House Bill 820, sponsored by Garrett, proposes an amendment to Tennessee Code Annotated, specifically Section 45-1-119(a), which pertains to financial institutions. The bill seeks to change the timeframe for a certain requirement from "within sixty (60) days" to "within forty-five (45) days."

This adjustment aims to streamline processes related to financial institutions by reducing the time allowed for compliance or action. The bill is set to take effect immediately upon becoming law, emphasizing the urgency of the change for the public welfare.

Statutes affected:
Introduced: 45-1-119(a), 45-1-119