Bill Sponsors: TN HB0870 | 2013-2014 | 108th General Assembly

Bill Title: As enacted, allows banks to acquire real property to secure a loan as investment for up to 10 years instead of five years if certain requirements are met. - Amends TCA Title 45.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2013-04-29 - Comp. became Pub. Ch. 233 [HB0870 Detail]

Text: Latest bill text (Draft #1) [PDF]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Cameron Sexton [R]PrimarySponsored BillsHD-025FollowTheMoneyBallotpediaVoteSmart
Senator Mike Bell [R]PrimarySponsored BillsSD-009FollowTheMoneyBallotpediaVoteSmart

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