reglab/housing_qa huggingface dataset:
TN Code § 47-16-105 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 16 - Tennessee Litigation Financing Consumer Protection Act|§ 47-16-105. Prohibited Activities

 A litigation financier shall not:   Pay or offer to pay commissions, referral fees or other forms of consideration to any attorney, law firm, medical provider, chiropractor, or physical therapist or any of their employees for referring a consumer to a litigation financier;   Accept any commissions, referral fees, rebates or other forms of consideration from an attorney, law firm, medical provider, chiropractor, or physical therapist or any of their employees;   Advertise false or misleading information regarding its products or services;   Refer a consumer or potential consumer to a specific attorney, law firm, medical provider, chiropractor, or physical therapist or any of their employees; provided, that if a consumer does not have legal representation, the provider shall refer the consumer to a local or state bar referral service operated by a bar association or a nonprofit organization;   Fail to promptly supply copies of any and all complete litigation financing contracts to the consumer and the attorney representing the consumer in the dispute;   Attempt to obtain a waiver of any remedy, including but not limited to, compensatory, statutory, or punitive damages, that the consumer might otherwise have;   Attempt to effect mandatory arbitration or otherwise effect waiver of a consumer's right to a trial by jury;   Offer or provide legal advice to the consumer regarding the litigation financing or the underlying dispute; or   Assign, which includes securitizing, a litigation financing contract, in whole or in part, to a third party; however:  This subdivision (9) does not prevent a litigation financier that retains responsibility for collecting payment, administering, or otherwise enforcing the litigation financing contract from making an assignment that is:   To a wholly owned subsidiary of the litigation financier;   To an affiliate of the litigation financier that is under common control with the litigation financier; or   A grant of a security interest that is pursuant to title 47, chapter 9 or is otherwise permitted by law; and     If an assignment is authorized and made pursuant to this subdivision (9), for purposes of this section, “litigation financier” includes a successor-in-interest to a litigation financing contract.
TN Code § 47-16-107 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 16 - Tennessee Litigation Financing Consumer Protection Act|§ 47-16-107. Violation of Chapter Renders Contract Uneforceable

 Any violation of this chapter shall make the litigation financing contract unenforceable by the litigation financier, the consumer or any successor-in-interest to the litigation financing contract.
TN Code § 47-16-108 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 16 - Tennessee Litigation Financing Consumer Protection Act|§ 47-16-108. Violation of Part Constitutes Unfair or Deceptive Practice for Purposes of Consumer Protection Act — Enforcement by Attorney General and Reporter

  Any violation of this chapter shall constitute a violation of the Tennessee Consumer Protection Act of 1977, compiled in chapter 18, part 1 of this title, and shall be enforced solely by the attorney general and reporter at the attorney general's discretion.   For the purpose of application of the Tennessee Consumer Protection Act of 1977, any violation of this chapter shall be construed to be an unfair or deceptive act or practice affecting the conduct, trade or commerce and subject to all sanctions, penalties and remedies provided in that act, including attorneys' fees and costs.   Nothing in this chapter shall be construed to limit the exercise of powers or the performance of the duties of the attorney general and reporter, including those provided by the Tennessee Consumer Protection Act of 1977, which the attorney general and reporter is otherwise authorized or required to exercise or perform by law.
TN Code § 47-16-109 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 16 - Tennessee Litigation Financing Consumer Protection Act|§ 47-16-109. Contingent Right to Proceeds From Legal Claim Assignable — Priority of Liens or Rights in Proceeds

  The contingent right to receive an amount of the potential proceeds of a legal claim may be assigned by a consumer and that assignment is valid for the purposes of obtaining litigation financing from a litigation financier.   The lien of a litigation financier on a consumer's legal claim has priority over liens that attach and take effect subsequent to the attachment of the litigation financier's lien to the consumer's legal claim, except for the following:  Attorney liens, insurance carrier liens, medical provider liens, or liens based upon subrogation interests or rights of reimbursement related to the consumer's legal claim; and   Child support, Medicare, tax, or any other statutory or governmental lien.
TN Code § 47-16-110 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 16 - Tennessee Litigation Financing Consumer Protection Act|§ 47-16-110. Annual Fee — Limitation on Term of Transaction — Obligations From One Transaction Not to Be Included in Subsequent Transaction

  All consumers entering into litigation financing transactions shall pay the litigation financier an annual fee of not more than ten percent (10%) of the original amount of money provided to the consumer for the litigation financing transaction.   Litigation financiers shall not charge a consumer the annual fee authorized by subsection (a) more than one (1) time each year with regard to any single legal claim regardless of the number of litigation financing transactions that the litigation financier enters into with the consumer with respect to such legal claim.   Litigation financing transactions shall not exceed a term of three (3) years and are limited to a maximum yearly fee, which shall be calculated to include any underwriting and organization fees, and any other charges, fees, or consideration, not to exceed three hundred sixty dollars ($360) per year, up to a maximum of three (3) years, for each one thousand dollars ($1,000) of the unpaid principal amount of the funds advanced to the consumer. The maximum yearly fee shall not include the annual fee pursuant to subsection (a).   Litigation financiers shall not enter into an agreement with a consumer that has the effect of incorporating the consumer's obligations to the litigation financier that are contained in the original litigation financing transaction into a subsequent litigation financing transaction.
TN Code § 47-23-101 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 23 - Duties of Mortgagee or Lender|§ 47-23-101. Insurance Information Confidential

   When a borrower is required to keep real estate insured and to furnish evidence of such insurance to a lender as a condition for obtaining or keeping the loan, then the lender, mortgagee, assignee, or creditor is prohibited from disclosing to other persons or parties, directly or indirectly, information with respect to the expiration dates of such insurance or other insurance policy information so as to enable any person or party to solicit the insurance or any renewal thereof, without first obtaining the written consent of the policyholder for such disclosure to be made.   No other person or party shall request the disclosure of such information, so as to facilitate solicitations of the insurance or any renewal thereof, without first obtaining the written consent of the policyholder.   No lender, mortgagee, assignee, or creditor shall use any of the information contained in a policy of insurance for the purpose of soliciting insurance business with respect to the insured real property from the borrower.     These prohibitions do not apply when the lender, mortgagee, assignee, or creditor has been advised in writing by the insurer or its agent that the insurance on the property will be cancelled or will not be renewed.   A willful violation of this section by any lender, mortgagee, assignee, or creditor or by any other person or party who may request the disclosure of such information from such lender, mortgagee, assignee, or creditor is a Class A misdemeanor.
TN Code § 47-23-102 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 23 - Duties of Mortgagee or Lender|§ 47-23-102. Purchase of Insurance by Mortgagee

   When a borrower is required to keep real estate insured and to furnish evidence of such insurance to a lender or creditor as a condition for obtaining or keeping the loan, then the lender, mortgagee, assignee, creditor, or any person acting on that person's behalf, who receives and holds funds for the purpose of obtaining or renewing such insurance coverage, shall be required to purchase such coverage as instructed by the borrower or the borrower's agent, if such coverage is reasonably available, to the extent of the funds supplied, but in no event later than ten (10) days after expiration of the existing coverage.   The lender, mortgagee, assignee, creditor, or any person acting on that person's behalf shall have the right to select acceptable insurance companies as the commissioner of commerce and insurance has provided by rule.      Whenever the commissioner has reason to believe that any person has followed a practice or procedure in violation of this section, the attorney general and reporter, at the request of the commissioner, may bring an action in the name of the state against such person to restrain by temporary restraining order, temporary injunction, or permanent injunction the commission of such violations.   The court may make such orders or render such judgments as may be necessary to make whole any person or class of persons who have suffered an ascertainable loss by reason of the violation of this section. The court may also enter an order temporarily or permanently revoking a license or certificate authorizing that person to engage in business in this state if the court finds knowing and persistent violations of this section. In the event that no such license or certificate exists, then the court may enter an order temporarily or permanently enjoining that person from doing business in this state.
TN Code § 47-23-106 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 23 - Duties of Mortgagee or Lender|§ 47-23-106. Creditor to Notify Debtor of Creditor's Change of Address

  Each creditor shall notify its debtors of the creditor's change of address, within fifteen (15) days of such change of address, if failure to so notify may result in a debtor being assessed late charges or additional interest for failure to timely submit payment.   Each violation of subsection (a) constitutes an unfair and deceptive act and shall be subject to the procedures and penalties prescribed by chapter 18, part 1 of this title.   This section shall be enforced by the attorney general and reporter, in accordance with the procedures prescribed by chapter 18, part 1 of this title.
TN Code § 47-24-101 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 24 - Equity Participations|§ 47-24-101. Definition

 “Equity participations” means loan transactions in which the lender, in addition to interest and other amounts received pursuant to and rights resulting from the loan transaction, has the right, subject to § 47-24-102, to participate in the borrower's enterprise or venture to the extent described in a written agreement between the lender and the borrower, the participation including, but not limited to, having or exercising the right to acquire equity in the enterprise or venture, and having or exercising the right to receive a percentage of the rents, profits, revenues, sales or refinancing proceeds, or other similar assets represented by the borrower's enterprise or venture, as defined in the written agreement between the lender and the borrower; provided, that no equity participation in agricultural land shall be entered into nor shall any equity participation be secured in any part by agricultural land.
TN Code § 47-24-102 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 24 - Equity Participations|§ 47-24-102. Nature of Transaction

  A lender has the right to participate in the borrower's enterprise or venture to such extent as may be set forth in a written agreement between the lender and the borrower; provided, that the original principal amount of the funds advanced to the borrower pursuant to the loan transaction shall be not less than five hundred thousand dollars ($500,000), or, alternatively, that there shall be contemplated to be a series of advances of money aggregating not less than five hundred thousand dollars ($500,000).   The consideration or value received by the lender in any such participation, as distinct from interest received pursuant to the loan transaction, shall not be deemed to be interest, loan charges, commitment fees, or brokerage commissions for purposes of chapter 14 of this title, notwithstanding the fact that the parties may describe such consideration or value to be interest or other such charges in a written agreement between the parties.   Nothing herein shall be construed to limit, modify, or otherwise affect rights which the lender may have, including, but not limited to, foreclosure rights, pursuant to the loan transaction.   The lender shall not be deemed to be a partner or joint venturer with the borrower, or otherwise jointly liable as to the financing with the borrower, as a result of such participation, unless the agreement between the lender and borrower shall expressly make the lender so liable.
TN Code § 47-28-102 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 28 - Open-End Mortgages and Mortgages Securing Future Advances|§ 47-28-102. Securing of Future Advances Authorized

 A mortgage may provide that it secures not only existing indebtednesses or advances made contemporaneously with the execution thereof, but also future advances, whether obligatory, or optional, or both, and whether made under open-end credit agreements or otherwise, to the same extent as if such future advances were made contemporaneously with the execution of the mortgage, even though no advance is made at the time of the execution of the mortgage and even though no indebtedness is outstanding at the time any advance is made.
TN Code § 47-28-103 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 28 - Open-End Mortgages and Mortgages Securing Future Advances|§ 47-28-103. Priority of Advances

  The following advances relate back to the time of the recording of the mortgage, and are prior and superior to subsequent encumbrances and conveyances:  All advances, whether obligatory or optional, made under an open-end mortgage in accordance with this chapter;   All obligatory advances made under any mortgage securing a revolving credit agreement that is not an open-end credit agreement and under any obligatory or optional extension, renewal or amendment of such revolving credit agreement; provided, that no optional extension, renewal or amendment shall increase the advances entitled to priority under this subdivision (a)(2) above the maximum amount entitled to priority under the original revolving credit agreement; and   All obligatory advances made under any other mortgage securing future advances.     All obligatory advances made pursuant to an optional increase in the credit limit of a revolving credit agreement that is not an open-end credit agreement and pursuant to any obligatory or optional extension, renewal or amendment of such increase shall relate back to the time of the recording of the mortgage securing such revolving credit agreement and are prior and superior to subsequent encumbrances and conveyances unless the mortgagee has actual notice of an intervening conveyance or encumbrance prior to increasing the credit limit. If the mortgagee has actual notice of an intervening conveyance or encumbrance prior to increasing the credit limit, all such obligatory advances shall relate back to the time of the increase. For the purpose of this subsection (b), “actual notice” means knowledge in fact from any source by any means.   Optional advances made under any mortgage securing future advances, other than an open-end mortgage, are superior in priority to any intervening conveyance or encumbrance unless the mortgagee has actual notice of the intervening conveyance or encumbrance prior to exercising the mortgagee's option to make the advance. For the purpose of this subsection (c), “actual notice” means knowledge in fact from any source by any means.
TN Code § 47-28-104 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 28 - Open-End Mortgages and Mortgages Securing Future Advances|§ 47-28-104. Prerequisites for Priority Status

  All open-end mortgages, in order to have the priority provided in § 47-28-103, must contain the following:  A statement or other notice conspicuously identifying the mortgage as an open-end mortgage;   A provision fixing a stated term for the duration of the open-end credit agreement, which term and any extension thereof made pursuant to the provisions of the mortgage shall not exceed a total of thirty (30) years from the date of the original execution thereof;   A provision fixing a maximum limit on the total amount of principal indebtedness to be secured by the mortgage at any time, i.e., the credit limit, which limit shall include precomputed interest and other precomputed charges validly included in such principal amount, but shall not include other interest, loan charges, commitment fees, brokerage commissions, and other charges validly made pursuant to the mortgage, including but not limited to, those made or incurred in protecting the efficacy of the security, including, without limitation, payment of taxes or insurance premiums, or expenses incurred in the collection of the debt or the enforcement of the mortgage;   A conspicuous notice to the borrower of the borrower's right pursuant to this chapter to reduce the limit on the maximum amount of total principal indebtedness to be secured under the mortgage, but the inclusion of such notice in an open-end credit agreement separate from the mortgage shall be deemed compliance with this subdivision (a)(4); and   A provision, either in the mortgage or in the open-end credit agreement, governing the duty of the borrower to return checks, credit cards, or other devices to obtain further advances on the service by the borrower of a notice of limitation, upon notice from the creditor pursuant to the terms of the open-end credit agreement.     All mortgages securing future advances which may be obligatory and which are for commercial purposes, in order to have the priority provided in § 47-28-103, must contain a statement or other notice identifying the mortgage as securing obligatory advances and as being for commercial purposes.
TN Code § 47-28-105 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 28 - Open-End Mortgages and Mortgages Securing Future Advances|§ 47-28-105. Reduction in Credit Limit — Notice of Limitation

  The credit limit under an open-end mortgage may be reduced by the borrower, whether the advances to be made thereunder are obligatory or optional, to an amount not less than the amount of principal indebtedness shown on the most recent statement of the borrower's account received by the borrower from the creditor, plus the amount of any advances initiated by the borrower subsequent to that statement.    In order to effectuate such a reduction in the credit limit, the borrower must:  Serve a notice of limitation on the creditor substantially in accordance with the provisions of the mortgage and of this chapter; and   On or before the effective date of the notice, file a copy thereof for recordation in the appropriate register's office as an amendment to the mortgage.     Upon the recording of a notice of limitation in the appropriate register's office, the notice of limitation becomes irrevocable, and shall not be modified, amended, or rescinded.     In order to be effective, any such notice of limitation must be in substantial compliance with the following requirements:  It must name the creditor on whom the notice is served;   It must state specifically the reduced credit limit;   It must state the effective date of such limitation, which date cannot be sooner than one (1) regular business day after the date of the service of the notice;   It must name all parties to the open-end credit agreement and the mortgage securing the same;   It must identify with reasonable specificity the real property subject to the mortgage;   It must give any account number assigned to the account of the open-end credit agreement; and   It must be signed by all persons principally obligated to repay advances under the open-end credit agreement.     From and after the service of such a notice of limitation, the borrower shall not request or demand any further advances under the open-end credit agreement that exceed the credit limit stated in the notice, and the creditor will be relieved and released from any obligation or commitment to make advances thereunder that exceed that reduced credit limit.
TN Code § 47-28-106 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 28 - Open-End Mortgages and Mortgages Securing Future Advances|§ 47-28-106. Obligations of Borrower

 The serving and recording of a notice of limitation shall not relieve the borrower from the obligation to pay any amounts due or to become due the creditor, or from the performance of any other obligations under the open-end mortgage, or the agreement which it secures, or any note evidencing obligations thereunder.
TN Code § 47-28-107 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 28 - Open-End Mortgages and Mortgages Securing Future Advances|§ 47-28-107. Service of Notice

 Under this chapter a notice is served on the creditor when it is in fact received by the creditor at the address specified in the mortgage; or if no address is so specified, in the case of an open-end credit agreement, to the address to which requests or demands for advances are to be sent; and in all other cases to the address at which payments on the mortgage are to be made.
TN Code § 47-28-108 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 28 - Open-End Mortgages and Mortgages Securing Future Advances|§ 47-28-108. Priority of Advances

  Any advance made by the creditor:  Before the effective date of any notice of limitation from the borrower, made in accordance with this chapter; or   In response to a request or demand initiated by the borrower prior to the service of an effective notice of limitation, made in accordance with this chapter,  shall be entitled to the same priority as other advances made under that agreement, even though that advance increases the total amount of principal indebtedness beyond the credit limit fixed in that notice of limitation.      Any advance made by a creditor after the effective date of a notice of limitation (except for advances made in response to requests or demands initiated by the borrower prior to the service of an effective notice of limitation) that exceeds the credit limit stated in the notice shall not be entitled to priority over a conveyance or encumbrance recorded on or before the date of the service of the notice of limitation.   An advance is made by the creditor when the borrower becomes obligated to repay it.