Business Organizations - As introduced, increases, from two to three, the number of days' notice that a for-profit corporation must give of the date, time, and place of a meeting to elect directors and complete the organization of the corporation or elect a board of directors to complete the organization of the corporation, if the initial directors are not named in the charter of the corporation. - Amends TCA Title 4; Title 29; Title 39; Title 46; Title 47; Title 48; Title 50; Title 61; Title 62 and Title 66.
SB 2592 increases the required notice period for for-profit corporations to schedule director elections from two to three days, directly affecting corporations that must organize without named initial directors in their charter. The bill amends Tennessee Code Annotated Section 48-12-105(a)(2) to require three days' notice of meeting details (date, time, location) for these elections. This change applies to corporations organizing under Titles 4, 29, 39, 46, 47, 48, 50, 61, 62, and 66 of the Tennessee Code. The bill makes a specific procedural adjustment to corporate meeting requirements without altering substantive business operations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2026
Last action Feb 2, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
1
Committee
1
Feb 2, 2026
Lower · Passed
Refer to Senate Delayed Bills Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Paul Bailey
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 2592
Scope: TN
Hi! I can help you understand SB 2592. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline