Tennessee § 47-18-5503 Exempt agreements and persons

Tennessee Statutes

§ 47-18-5503 — Exempt agreements and persons

Tennessee § 47-18-5503

Title47

This text of Tennessee § 47-18-5503 (Exempt agreements and persons) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 47-18-5503 (2026).

Text

This part does not apply to:

(1)An agreement with an individual whom the provider has no reason to know resides in this state at the time of the agreement;

(2)A provider to the extent that the provider:

(A)Provides or agrees to provide debt-management, educational or counseling services to an individual whom the provider has no reason to know resides in this state at the time the provider agrees to provide the services; or (B) Receives no compensation for debt-management services from or on behalf of the individuals to whom it provides the services or from their creditors; or (3) The following persons or their employees when the person or the employee is engaged in the regular course of the person's business or profession:

(A)A judicial officer, a person acting under an order of a cour

Free access — add to your briefcase to read the full text and ask questions with AI

This part does not apply to: (1) An agreement with an individual whom the provider has no reason to know resides in this state at the time of the agreement; (2) A provider to the extent that the provider: (A) Provides or agrees to provide debt-management, educational or counseling services to an individual whom the provider has no reason to know resides in this state at the time the provider agrees to provide the services; or (B) Receives no compensation for debt-management services from or on behalf of the individuals to whom it provides the services or from their creditors; or (3) The following persons or their employees when the person or the employee is engaged in the regular course of the person's business or profession: (A) A judicial officer, a person acting under an order of a court or an administrative agency or an assignee for the benefit of creditors; (B) A bank; (C) An affiliate, as defined in § 47-18-5502 , of a bank if the affiliate is regulated by a federal or state banking regulatory authority; (D) Any person who is engaged in the credit services business as defined in § 47-18-1002 but is not engaged in the business of debt counseling, debt management or debt settlement as defined by this part; provided, that the person is registered as a credit services business with the administrator; or (E) A title insurer, escrow company or other person that provides bill-paying services if the provision of debt-management services is incidental to the bill-paying services.