2015 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.

TN Code § 62-6-133 (2015) What's This?

(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, "mortgage loan for home improvement" shall have the same meaning as defined in ยง 45-13-123(c).

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