2010 Tennessee Code
Title 62 - Professions, Businesses and Trades
Chapter 6 - Contractors and Contracting
Part 1 - General Provisions
62-6-133 - Acts prohibited by residential contractor Conflicts of interest.
62-6-133. Acts prohibited by residential contractor Conflicts of interest.
(a) The following acts are prohibited by a residential contractor:
(1) Having a controlling ownership interest in the lender providing a mortgage loan for home improvement for the work being performed by the contractor; or
(2) Being a cosigner or acting as a guarantor for a mortgage loan for home improvement.
(b) As used in this section, Āmortgage loan for home improvementĀ shall have the same meaning as defined in § 45-13-123(c).
[Acts 2003, ch. 368, § 3.]
Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
