SB1254 - Tennessee: Auctions And Auctioneers, Liens

Companion Bill HB1037. Auctions and Auctioneers - Creates right of lien for auctioneers who perform auctioneering services and are subsequently denied payment. - Amends TCA Title 62, Chapter 19, Part 1. Fiscal Summary for SB1254 / *HB1037Increase Local Govt. Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for SB1254 / *HB1037 ON APRIL 30, 2007, THE HOUSE ADOPTED AMENDMENT #1 AND PASSED HOUSE BILL 1037, AS AMENDED. AMENDMENT #1 specifies that the lien will be upon property that the auctioneer was hired to auction that is owned by the person who has denied payment for a commission or fee for services performed by the auctioneer. This amendment requires that notice of the lien be filed with the register's office in the county in which the property is located instead of sent to the person [...]

show full description