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Report to the TN General Assembly, Pursuant to Public Chapter 440, Acts of 2005, Section 7(e)

February 1, 2006

Public Chapter 440 of the Acts of 2005 significantly amends the Tennessee Title Pledge Act ("Act"), set forth in Title 45, Chapter 15, regarding the operation and regulation of the title pledge industry. Specifically, Public Chapter 440 subjects the title pledge industry to licensing and examination by the Department of Financial Institutions ("Department").

Read CRL's summary of the report >