Research About Meet PRIA

Support Data Sources Privacy Policy Terms of Servicehello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

™

Your Policy Risk Impact Agent

Research

At My Address
Federal Courts
Daily Briefings
Medicare & Social Security
Policy Risk Index
Congressional Bills
Federal Register
Tariffs
Fed Decisions & The Economy
State Tracker
World Watch
U.S. Code
U.S. Constitution
Aliens

Knowledge

Search Polipedia
Daily Briefings
Calculators
Policy Risk Index
What is Policy Risk?
The Countdown

Company

About PRIA
Support

Get PRIA

Support Data Sources Privacy Policy Terms of Service

hello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA is a trademark of PRIA Technologies, LLC.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

Tennessee Statutes, Title 47

™

Your Policy Risk Impact Agent

Tennessee/Statutes

← All Tennessee coverage

Title 47, Commercial Instruments And Transactions

34 chapters · 1,335 sections in this title.

All chapters in Title 471,335 Ch 18, Consumer Protection346 Ch 25, Trade Practices195 Ch 9, Secured Transactions153 Ch 2, Sales103 Ch 26, Weights and Measures93 Ch 3, Negotiable Instruments68 Ch 8, Investment Securities52 Ch 7, Uniform Commercial Code — Documents …45 Ch 4, Bank Deposits and Collections41 Ch 14, Interest Rates Generally25 Ch 10, Uniform Electronic Transactions24 Ch 1, Uniform Commercial Code — General Pr…23 Ch 50, Miscellaneous Provisions21 Ch 13, Assignments for Benefit of Creditors20

10 sections·Filtered byTitle 47✕Ch 16✕

Tenn. Code Ann. § 47-16-101 Short title
0.1K chars
This chapter shall be known and may be cited as the “Tennessee Litigation Financing Consumer Protection Act.”
Tenn. Code Ann. § 47-16-102 Chapter definitions
11.3K chars
(1) As used in this chapter:(1) “Commercial litigation financier”:(A) Means a person who provides commercial litigation financing; and(B) Does not include a litigation financier;(2) “Commercial litigation financing” or “commercial litigation financing transaction”:(A) Means fundi…
Tenn. Code Ann. § 47-16-103 Registration as litigation financier
8.9K chars
(a) (1) A litigation financier or commercial litigation financier shall not engage in a litigation financing transaction or commercial litigation financing transaction in this state unless it is registered as a litigation financier or commercial litigation financier in this state…
Tenn. Code Ann. § 47-16-104 Requirements for litigation financing transactions
5.1K chars
(1) A litigation financier shall fulfill each of the following requirements when engaged in litigation financing:(1) The terms of the litigation financing transaction shall be set forth in a written contract that is completely filled-in with no incomplete sections when the contra…

Tenn. Code Ann. § 47-16-105 Prohibited activities

8.0K chars

(a) A litigation financier shall not:(1) Pay or offer to pay commissions, referral fees or other forms of consideration to any attorney, law firm, medical provider, chiropractor, or physical therapist or any of their employees for referring a consumer to a litigation financier;(2…

Tenn. Code Ann. § 47-16-106 Required disclosures in litigation financing contract

12.4K chars

(a) A litigation financing contract or commercial litigation financing contract must contain the disclosures specified in this section for the applicable type of contract, which constitute material terms of the litigation financing contract or commercial litigation financing cont…

Tenn. Code Ann. § 47-16-107 Violation of chapter renders contract unenforceable

1.4K chars

(a) Any violation of this chapter shall make the litigation financing contract unenforceable by the litigation financier, the consumer or any successor-in-interest to the litigation financing contract. (b) A commercial litigation financier is jointly and severally liable for an a…

Tenn. Code Ann. § 47-16-108 Violation of part constitutes unfair or deceptive practice for purposes of Consumer Protection Act — Enforcement by attorney general and reporter

0.9K chars

(a) Any violation of this chapter shall constitute a violation of the Tennessee Consumer Protection Act of 1977, compiled in chapter 18, part 1 of this title, and shall be enforced solely by the attorney general and reporter at the attorney general's discretion. (b) For the purpo…

Tenn. Code Ann. § 47-16-109 Contingent right to proceeds from legal claim assignable — Priority of liens or rights in proceeds

1.0K chars

(a) The contingent right to receive an amount of the potential proceeds of a legal claim may be assigned by a consumer and that assignment is valid for the purposes of obtaining litigation financing from a litigation financier. (b) The lien of a litigation financier on a consumer…

Tenn. Code Ann. § 47-16-110 Annual fee — Limitation on term of transaction — Obligations from one transaction not to be included in subsequent transaction

1.6K chars

(a) All consumers entering into litigation financing transactions shall pay the litigation financier an annual fee of not more than ten percent (10%) of the original amount of money provided to the consumer for the litigation financing transaction. (b) Litigation financiers shall…