HB3344 - Tennessee - Corporations, For Profit

Corporations, For Profit - Increases time for enforcement of breach of fiduciary duty of directors of for-profit corporations from one year to three years; increases statute of repose from three years to six years. - Amends TCA Title 48.

Increase State Revenue - Not Significant Increase State Expenditures - Not Significant Increase Local Govt. Revenue - Not Significant Increase Local Govt. Expenditures - Not Significant