Tennessee · 114th Regular Session (2025-2026) · Bill

SB 1618: Banks and Financial Institutions - As enacted, clarifies that if a financial institution reasonably believes a customer is deceased, then the financial institution does not have a duty to confirm service of a subpoena on the customer, the customer's estate, or the customer's heirs; makes other changes related to financial records. - Amends TCA Title 45, Chapter 10.

Enacted Last action March 16, 2026: Pub. Ch. 580

Plain-language summary

SB 1618 is a bill introduced in the Tennessee Senate on January 13, 2026. According to its official title, it concerns: Banks and Financial Institutions - As enacted, clarifies that if a financial institution reasonably believes a customer is deceased, then the financial institution does not have a duty to confirm service of a subpoena on the customer, the customer's estate, or the customer's heirs; makes other changes related to financial records. - Amends TCA Title 45, Chapter 10. Primary sponsor: Powers. Most recent recorded action (March 16, 2026): Pub. Ch. 580.

Sponsors

Primary sponsor: Powers.