Secretary of State - As introduced, allows a litigation financier that is not a business entity or partnership to withdraw its registration with the secretary of state by filing a form prescribed by the secretary of state, along with a filing fee of $20. - Amends TCA Title 47, Chapter 16.

HB 467 would have allowed non-business entity litigation financiers (those not structured as corporations or partnerships) to withdraw their registration with Tennessee's Secretary of State by submitting a simple form and paying a $20 fee. This bill amended Tennessee Code Annotated, Title 47, Chapter 16, specifically changing the process for these entities to terminate their registration. The change would have simplified administrative procedures for a narrow category of litigation financiers, directly affecting only those registered under the current system who are not business entities. The bill was introduced on January 28, 2025, but was withdrawn on February 6, 2025, before committee action.