Tennessee § 56-59-107 Lease or sale associated with a commercial transaction - Applicability of specified sections

Tennessee Statutes

§ 56-59-107 — Lease or sale associated with a commercial transaction - Applicability of specified sections

Tennessee § 56-59-107

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This text of Tennessee § 56-59-107 (Lease or sale associated with a commercial transaction - Applicability of specified sections) 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. § 56-59-107 (2026).

Text

(a)Sections 56-59-103(c) , 56-59-105 and 56-59-108 are not applicable to a GAP waiver offered in connection with a lease or sale associated with a commercial transaction.

(b)For purposes of subsection (a), "commercial transaction" means a transaction involving the sale or lease of a motor vehicle that is intended or will be used primarily for a purpose other than personal, family or household use.

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(a) Sections 56-59-103(c) , 56-59-105 and 56-59-108 are not applicable to a GAP waiver offered in connection with a lease or sale associated with a commercial transaction. (b) For purposes of subsection (a), "commercial transaction" means a transaction involving the sale or lease of a motor vehicle that is intended or will be used primarily for a purpose other than personal, family or household use.