Real Property - As enacted, enacts the "Sen. Frank Niceley National Security and Economic Protection Act." - Amends TCA Title 66, Chapter 2, Part 3.
Pub. Ch. 733
Summary
The law forbids foreign‑party‑controlled businesses and foreign parties from acquiring or acting as agents for non‑agricultural land in Tennessee. Violators must divest within two years and face misdemeanor penalties, while any holdings after Jan. 1 2025 must be registered with the secretary of state, subject to civil fines. The attorney general and reporter can enforce the provisions.
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