Tennessee SB1639 removes the fee for nonprofit entities filing articles of termination and requires notification and financial documentation filing.
Tennessee SB1639 amends the Tennessee Code Annotated, Title 48, concerning nonprofit entities. It removes the fee for filing articles of termination of corporation existence. Additionally, it mandates that any person who ceases solicitation activities after registering must notify the secretary of state within ninety days and file the required financial documentation. This act becomes effective on July 1, 2026.
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