House Bill 820 amends Tennessee Code Annotated, Section 45-1-119(a), by changing the timeframe for a specific requirement from "within sixty (60) days" to "within forty-five (45) days." This adjustment aims to streamline processes related to financial institutions in the state.
The bill is set to take effect immediately upon becoming law, emphasizing the importance of the changes for public welfare.
Statutes affected: Introduced: 45-1-119(a), 45-1-119