Allocation of Fees Collected

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Notwithstanding any other law to the contrary, ninety-seven percent (97%) of fees collected by the secretary of state for filing, processing and copying business documents pursuant to the Tennessee Business Corporation Act, compiled in title 48, chs. 11-27; Tennessee Nonprofit Corporation Act, compiled in title 48, chs. 51-68; Tennessee Limited Liability Company Act, compiled in title 48, chs. 201-248; Tennessee Revised Limited Liability Company Act, compiled in title 48, chapter 249; Tennessee Revised Uniform Limited Partnership Act, compiled in title 61, ch. 2; Tennessee Uniform Partnership Act, compiled in title 61, ch. 1 and related statutes, and fifty percent (50%) of fees collected by the secretary of state for service of process under applicable statutes shall be remitted to the general fund, and the balance of such collected fees shall be retained by the department of state for continuing improvement of its filing, service and copying duties.


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