House Bill 1478 amends Tennessee Code Annotated, Section 71-5-142, by modifying the language regarding the comptroller of the treasury. Specifically, the bill replaces the word "either" with ", the comptroller of the treasury," following the mention of the "department of commerce and insurance." This change clarifies the roles and responsibilities outlined in the statute.

The bill is set to take effect immediately upon becoming law, emphasizing the importance of the amendment for the public welfare.

Statutes affected:
Introduced: 71-5-142(a), 71-5-142