Secretary of State - As enacted, allows a litigation financier that is not a business entity or partnership to amend or 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.

SB 1137 amends Tennessee law to allow litigation financiers who are not business entities or partnerships (such as individuals) to amend or withdraw their registration with the Secretary of State. They can now do this by submitting a prescribed form and paying a $20 filing fee, streamlining the process previously required. The bill specifically targets non-business entity financiers, simplifying administrative steps without altering registration requirements for business entities. It became effective on April 24, 2025, after enactment.